TikTok owner ByteDance launches mobile payments in China


A symbol of TikTok (Douyin) is pictured at The Place shopping mall at dusk on August 22, 2020 in Beijing, China.

VCG | Visual China Group | Getty Images

GUANGZHOU, China — ByteDance has launched a new payment service within Douyin, the Chinese version of short-video sharing app TikTok.

Douyin users can choose Douyin Pay to make purchases within the short-video app. Creators usually sell items or merchandise related to their content.

“The set-up of Douyin Pay … is to supplement the existing major payment options, and to ultimately enhance user experience on Douyin,” ByteDance said in a statement. ByteDance owns both Douyin and TikTok.

Indeed, Douyin already offers payment options from


Tencent and Chinese automaker Geely team up on smart car tech

Previous article

Capitol riot ‘incited by the President,’ says former DHS secretary

Next article

You may also like

Leave a Reply

Notify of

More in Finance