Snapchat Partners With Square To Introduce Snapcash, A Money Sending Service by @mattsouthern

By Matt Southern

Snapchat announced they have partnered with Square to introduce a new service called Snapcash, which marks Snapchat’s first partnership of any kind with another company. The service is said to be incredibly simple to use. You enter your debit card information into Snapchat, which is securely stored and processed by Square. Then you swipe to chat with one of your contact, enter a dollar amount preceded by the dollar sign (like ‘$15′), and hit the green send button. Then once the person on the other end receives the payment they have roughly 10 seconds to spend it before it goes away. […]

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