According to SPB statement, the State Bank of Pakistan has asked banks and electronic money payment systems to immediately cease the payments for subscriptions of Indian content in Pakistan, including the video-on-demand service.
It further states that, “We are in receipt of a letter from the Cabinet Division, Government of Pakistan; whereby, they’ve instructed to stop different modes of payments, such as credit cards for subscribing Indian content in Pakistan, including Zee5 video-on-demand service,” the SBP’s Payment System Department (PSD) said in a circular issued to the heads of the banks and payment system providers.
Zee5 is India’s own digital entertainment platform, which offers streaming shows and movies ranging from Bollywood to regional cinema. Zee5 currently streams Pakistani web-series; including Asim Abbasi’s “Churails” and Mehreen Jabbar’s “Ek Jhooti Love Story”.
Asim Abbasi took to his twitter and also shared his disappointment for the ban
State Bank of Pakistan further demanded meticulous compliance of the given instructions of the Government of Pakistan from its Payment System Department by November 13.