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TikTok tests exploring payments between users via direct messages

TikTok is working to develop a feature that will allow users to send money to each other via direct messages, in a move that expands the social media platform’s entry into the financial services sector, according to what Bloomberg reported on Tuesday.

The feature under development will rely on TikTok Pay, which is already operating in Southeast Asia, to process financial transactions. A piece of code discovered in the current version of the TikTok app on iPhones in the United States revealed evidence that this planned add-on exists.#BTCPerpFundingRateHits20MonthHigh #USPressesSouthKoreaToPrioritizeMemoryChips #StrategySellsStockToRepurchasePreferred #USMemoryStocksExtendGainsSanDiskUp10.5% #DOJProbesA16zOverRivalAIBoardSeats