TikTok to Compete with Gopay and ShopeePay

TikTok reportedly in talks with Bank Indonesia to obtain a payment license and setting up a foothold to become a new competitor for Gopay and ShopeePay.

Bisnis, JAKARTA — TikTok, a Chinese e-commerce platform, is reportedly acquiring a payment license in Indonesia. This license would allow TikTok to offer payment services similar to ShopeePay and Gopay.

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