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Snapcash – Snapchat To Let Users Send Money Electronically

on November 18, 2014 | Snapchat | Comments (0)

Snapchat has made a move not many people would have expected – you can now send money to your Snapchat friends thanks to an integration with company – Square.

Called Snapcash, users will be able to electronically send money to their Snapchat friends in a fast and simple way.

Watch this promo video the Snapchat team put together to get a better understanding of this new product:

This product will in a way compete with Paypal, Google Wallet and various other electronic payment distributors.

Snapchat announced this update on their blog and said security is extremely important and the team at Sqaure who helped building this functionality have much expertise in this area.

What do you think, would you use Snapchat to send money to your friends?

You can add me on Snapchat – and send me money 🙂 – davec85


David Cowling : Editor and Founder of SocialMediaNews.com.au. I also run a Social Media Agency where I do consulting work and another blog dedicated to Instagram news. Connect with me: Twitter | LinkedIn | Google + or contact me here. Alternatively, you can send me an email at david@socialmedianews.com.au











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