WeChat Pay expansion and ecosystem integration in China (2010–2018)

1. PBOC licenses third-party payment firms

   May 26, 2011Labels: People's Bank, Tenpay

   • ChinaDaily
   • PRNewswire

2. WeChat public accounts open a service channel

   Aug 1, 2012Labels: WeChat Public

   • TechNode
   • WeChat Wiki

3. WeChat Pay launches inside WeChat

   Aug 5, 2013Labels: WeChat Pay, Tencent

   • WeChatPay Wiki

4. Taxi payments integrate WeChat with Didi

   Jan 10, 2014Labels: Didi, WeChat Pay

   • ChinaDaily
   • GlobalTimes

5. Digital red packets popularize P2P transfers

   Jan 17, 2014Labels: Red Packet, WeChat

   • ChinaDaily
   • RedEnvelope Wiki
   • Tencent

6. WeChat payment opens to verified service accounts

   Mar 5, 2014Labels: Service Accounts, WeChat Pay

   • Sekkei
   • TechNode

7. CCTV Gala partnership scales red packet campaigns

   Feb 18, 2015Labels: CCTV Gala, WeChat Red

   • RedEnvelope Wiki
   • CMG Gala Wiki

8. WeChat Wallet expands as a daily finance hub

   Mar 1, 2016Labels: WeChat Wallet

   • ChinaDaily
   • WeChatPay Wiki

9. WeChat begins charging for some withdrawals

   Mar 1, 2016Labels: WeChat, withdrawal fees

   • ChinaDaily
   • WeChatPay Wiki

10. Mini Programs launch as “apps within WeChat”

    Jan 9, 2017Labels: Mini Programs, WeChat

    • TechCrunch
    • People cn

11. PBOC issues QR (barcode) payment standards

    Dec 25, 2017Labels: People's Bank, QR Standards

    • PBOC
    • ChinaDaily

12. PBOC tightens control of customer reserve funds

    Jun 29, 2018Labels: People's Bank, customer reserve

    • Caixin
    • SEC