Snapcash

Snapcash

A peer-to-peer (P2P) payment system for transferring cash while logged into Snapchat. By typing a "$" as the first character of the message, the Snapchat app's Send button turns into a green dollar sign. Powered by the Square Cash service, the transfer is made between the debit cards of the sender and recipient via their Snapchat IDs. See Snapchat and P2P payments.
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Originally a way to send 10-second pictures and videos to friends, Snapchat has gradually added news and live events coverage through Snapchat Discover, as well as the ability to send money to friends through Snapcash.
Key Features: Disappearing messages, Discover, crowdsourced Live Story montages, My Story daily montages, QR codes, location-based geofilters, Snapcash peer-to-peer payments.
Snapcash has been developed as a new way for users to exchange money within the platform's chat feature.
A recent survey asked consumers about their cash habits in the past week - 62% said they had used a cashpoint, 52% had used a banking app and 47% had used a transfer app like XOPO, Venmo or Snapcash.
The app is engaged in an ongoing social media rivalry with the likes of Twitter and Facebook, and has also introduced a money transfer feature called Snapcash that enables users to send money to friend's via the app's chat feature.
The app has a payment service called Snapcash, and has a more traditional chat service as well as live video chat.
Last November, Snapchat introduced a new feature called Snapcash that lets users 18 years or older to send money to anyone using the app free of charge.
The ephemeral messaging service has recently launched a money transfer service Snapcash and the owners plan to stick to their original motto of keeping things simple" by making carrying out transactions a simple process too.
The Snapcash feature permits users of the app to register a debit card and send funds by typing a dollar sign and the amount into the messaging field.
com/ca/snapcash) Snapcash allows Snapchat users to send and receive cash to other users with in the United States.
Snapcash is only available to Snapchat users 18 years and up in the U.
Snapchat introduces Snapcash, peer-to-peer payments arena.