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Innichen
July 4, 2022
Finance Technologies

TikTok’s Chinese version Douyin adds payments app

Douyin, the Chinese version of popular short form video app, TikTok, just added online payments to the app. Reuters reports that the company is busy expanding into e-commerce, as Douyin Pay (Douyin Zhifu) has been added to the app’s options. Other payment tools on Douyin include WeChat Pay and Alipay. Users can, for instance, receive a cash-filled electronic red packet from a Douyin campaign and deposit that cash to their bank accounts. Douyin Pay (Douyin Zhifu) has been added to the app’s options. “The set-up of Douyin Pay is to supplement the existing major payment options, and to ultimately enhance…
TikTok’s Chinese version Douyin adds payments app

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