Snapchat and Square launch Snapcash money transfer service
Snapchat, the popular ephemeral photo messaging application, on Monday said it’s partnered withSquare, Twitter co-founder Jack Dorsey’s mobile payments startup, on a new service allowing Snapchat users to send and receive money. Dubbed Snapcash and billed as the first Snapchat product created in partnership with another company, it’s simple and easy to use just like Square’s SquareCash service. Upon entering your debit card detail which gets securely stored by Square, you just swipe into chat, type the dollar sign, a desired amount and hit the green button....