Instant messaging service ToTok on Thursday announced the launch of ToTok Pay in the UAE, entering the mobile payments sector that is continuing to gain popularity among users.
The new feature of ToTok – an app that was launched in Abu Dhabi Global Market – is being rolled out in partnership with licensed financial institutions and enables its users in the UAE to seamlessly send money from ToTok chat, as well as to make payments through a QR code contactless system.
“ToTok Pay represents a significant step towards the creation of the digital ecosystem we have always envisioned for ToTok. The new feature provides our users with a secure, convenient, and fast way to send money and make mobile payments online and in person,” ToTok co-founder Giacomo Ziani said in a statement.
He added that this is also their way of contributing to the fight against coronavirus.
“Technology is becoming increasingly essential to our everyday lives, especially as the world is battling the coronavirus pandemic. Our hope is that by introducing a new contactless and cashless payment method in the UAE, ToTok Pay will play a small part in helping protect public health during this challenging period,” Ziani added.