Douyin responded to the acquisition of 1 billion yuan to pay the company fast money: only preliminary contact

CTOnews.com reported on May 31 that it is believed that most Douyin users have come into contact with "Douyin pay", which is currently one of the most important payment options in Douyin App.

Today, there are market rumors that byte beat is acquiring the fast money of the established payment company at the cost of 1 billion yuan, and obtaining the national management right of offline bank card receipt license. In response to the news, Douyin Group said in response to the report: the news is not true and it is only a preliminary contact at present.

Here is a brief introduction to CTOnews.com: fast money is an Internet financial platform in China and an established third-party payment company. Founded in 2004, it has covered more than 400 million individual users, more than 6.5 million business partners and more than 200 financial institutions.

According to reports, Express money is the electronic payment enterprise with the richest payment products and the widest coverage of the population. its payment products include, but are not limited to, RMB payment, wild card payment, Shenzhou Bank payment, payment / charging business, VPOS services, group account management and many other payment products, supporting Internet, mobile phones, telephones, POS and many other payment products.