Earlier this year, Apple CEO Tim Cook announced that 2020 would be the year of Apple Pay. At that time, the mobile payment system existed on the market for only a few months.
Apple Pay may have become a more popular means of payment at the end of 2020, but this is clearly not the success that Apple CEO hoped for.
Let us recall the 10 main dates of the outgoing year, which illustrate the diversity of the global market for mobile payment technologies.
January 22
American Starbucks reported that it processes 7 million mobile transactions per week. And this is not the limit. Today the company accepts 10 million transactions per week.
March 15th
Alibaba showcased a new way to confirm online payment with selfies.
the 14 th of July
Apple introduced mobile payments to the international market for the first time. Apple Pay launched in the UK.
July 20
PayPal has become a standalone exchange listed company.
August 20
Samsung Pay launched in South Korea. This system allows you to pay with your smartphone at most POS terminals in the world.
10 September
Google announced the launch of Android Pay, demonstrating that it too is ready to compete with Apple Pay.
19 october
MasterCard is introducing tokenization technology into its MasterPass digital wallet.
October 26
American bank JPMorgan Chase introduced mobile payments Chase Pay.
19 november
Technology company LG has announced the launch of its own mobile payments service.
December 10
The largest US retailer, Walmart, has introduced its own mobile payment service based on scanning a QR code.
