TikTok Developing Peer-to-Peer Payment Feature Inside Direct Messages
TLDR
- TikTok is developing peer-to-peer payments through direct messages in its U.S. app
- Code found in TikTok’s iPhone app reveals the feature, which is not yet being tested
- The feature would work through TikTok Pay, already live in Southeast Asia
- PayPal and Western Union shares dropped after the news broke
- Parent company ByteDance has been expanding into fintech since at least 2021
TikTok is working on a feature that would let users send money to each other through direct messages. The feature was not announced by the company but was uncovered in code hidden inside TikTok’s current U.S. iPhone app, according to Bloomberg.
JUST IN: TikTok is exploring a P2P payments feature with in-message transfers, notes, and status alerts, currently in early development and not tested in any market. $BTC, $ETH (note: no guarantees on launch) pic.twitter.com/rUshwY5O2s
- Bpay News (@bpaynews) August 19, 2026
The payment feature would run through TikTok Pay, which is already live in Vietnam, Malaysia, and Thailand. There, it is used for TikTok Shop purchases and in-app transactions.
… Continue reading the full article at the original source below.
