TikTok explores peer-to-peer payments via DMs, report says

TikTok is developing a feature that would allow users to send each other money via direct messages, according to a new report from Bloomberg . If rolled out, the feature would use the social media service’s TikTok Pay offering, which is already available in Southeast Asia for TikTok Shop purchases. References to the potential feature were found in code hidden within the current version of TikTok’s U.S. iPhone app, according to the report. The code indicates that recipients would be able to “tap to accept” payments, while senders could include messages with their payments, similar to Venmo.