TikTok is reportedly exploring the addition of peer-to-peer payments within its direct messaging system. The potential feature would leverage the platform’s existing TikTok Pay service, currently available in Southeast Asia.
According to a report by TechCrunch, TikTok is considering allowing users to send money to each other directly through their direct messages. This functionality would utilize TikTok Pay, which is already implemented in Southeast Asia, but currently limited to purchases made through TikTok Shop. The report does not specify a timeline for potential rollout or details on how the feature would function beyond its integration with TikTok Pay.
The move would expand the utility of TikTok Pay beyond e-commerce transactions within the TikTok Shop. Currently, TikTok Pay facilitates payments for goods purchased on the platform in select Southeast Asian countries. Extending this to peer-to-peer transactions could increase user engagement and further integrate TikTok into users’ financial lives. The report indicates no further details regarding potential fees or transaction limits.
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