CMSPI STATE OF THE INDUSTRY REPORT
Timeline
2.3 DIGITAL WALLET
2017
Shop Pay launched by Shopify
• GrabPay launches in Singapore 236 • Google Pay, Android Pay and Tez Pay unify as Google Pay 237 • Paypal launches Pay with Venmo in partnership with Uber 238
2018
2019
Apple Card launches in the U.S. 239
2020
PayPal launches “Pay-in-4” installments 240
Square/Block launches Cash App Pay to Sellers 241
2021
2022
• Apple Launches Tap to Pay 242 • Square/Block extends Cash App Pay to other merchants 243
• WeChat/Weixen Pay launches Pay like a Local 244 • Apple announces plans to open access to Secure Element for NFC transactions 245
2024
2025
• Cash App rolls out Afterpay’s Pay-over- Time offering 246 • Alipay launches contactless palm print payments in China 247
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