China’s ByteDance Launches Mobile Payments for Douyin

Beijing-based ByteDance, the company behind TikTok, launched a mobile payments service for Douyin, which is China’s version of TikTok.
The new mobile payments service, Douyin Pay, will compete with the likes of Tencent’s WeChat Pay and Alibaba’s Alipay. “The set-up of Douyin Pay is to supplement…

Link: China’s ByteDance Launches Mobile Payments for Douyin
via finovate.com

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