With the latest update, you can send money to your friends through Snapchat – thanks to the social networking firm’s partnership with mobile cash service Square. The new feature called “Snapcash†lets people send money by simply typing a dollar amount into the Snapchat chat window of a friend – just like they attach those awkward pictures, which thankfully disappear moments after opening.
“After you enter your debit card, it’s securely stored by Square, who will swiftly process your payment and send cash directly to your friend’s bank account. Just swipe into chat, type the dollar sign, an amount (e.g. $11.25), and hit the green button,†a Snapchat blog reads.
So are you worried that your money will also disappear moments after you send it? Don’t worry! In its latest blog, the social networking firm has assured that the transactions will be completely safe and secure.
“We set out to make payments faster and more fun, but we also know that security is essential when you’re dealing with money. Square has a ton of experience in this area and our teams have been hard at work to make Snapcash a great experience for everyone. For now, Snapcash is available to Snapchatters in the United States who have a debit card and are 18 or older,†it said.
