Alipay and WeChat Pay expansion across China and overseas (2010–2020)

1. PBOC sets rules for non-bank payments

   Jun 18, 2010Labels: PBOC, Non-bank payments

   • PBOC Order 2
   • China Daily

2. Payment regulations enter into force

   Sep 1, 2010Labels: PBOC, Payment regulations

   • PBOC Order 2

3. Alipay begins proprietary QR-based payments push

   Jan 1, 2011Labels: Alipay, QR payments

   • CGAP

4. WeChat (Weixin) launches in China

   Jan 21, 2011Labels: WeChat, Tencent

   • WeChat Wikipedia
   • TNW

5. PBOC issues first batch of payment licenses

   May 30, 2011Labels: PBOC, Third-party permits

   • China Daily

6. Alipay mobile wallet scales smartphone payments

   Jan 21, 2013Labels: Alipay, Mobile wallet

   • MobileWorldLive
   • Wired

7. WeChat Pay officially launches

   Aug 5, 2013Labels: WeChat Pay, WeChat

   • WeChat Pay Wikipedia

8. WeChat launches “red envelope” payments feature

   Jan 17, 2014Labels: WeChat Pay, Red envelope

   • WeChat Red Envelope
   • WeChat Pay Wikipedia

9. Alipay expands overseas acceptance in Europe

   Jan 1, 2015Labels: Alipay, Europe

   • China Daily

10. WeChat partners with Western Union for remittances

    Nov 19, 2015Labels: WeChat Pay, Western Union

    • Global Treasurer

11. Alipay and WeChat Pay dominate China’s mobile payments

    Jan 1, 2017Labels: Alipay, WeChat Pay

    • CGAP

12. WeChat Pay describes broad cross-border footprint

    Mar 22, 2019Labels: WeChat Pay, Cross-border

    • People s Daily

13. By 2020, mobile payment expansion faces scrutiny

    Oct 1, 2020Labels: Ant Group, Regulation

    • Wired