If rolled out, the feature would use the social media service’s TikTok Pay offering, which is already available in Southeast Asia for TikTok Shop purchases.
TikTok is exploring a resource that would allow users to send money to each other through direct messages, in an initiative that would expand the strategy of the social media application to advance in the financial services sector. The resource, which is still under development, if launched, would use TikTok Pay, a service already available in Southeast Asia, to process transactions. Evidence of novelty was found in hidden code excerpts in the c…