You can now send money to your friends through Snapchat
Have you ever found yourself wishing you could instantly send cash to your friends with the same service you use to send ephemeral pictures? Well you're in luck because Snapchat has announced a new feature today called 'Snapcash.' The new service will allow you to instantly send money to your friends by simply entering the dollar amount into a message on Snapchat and tapping the send button.
Snapcash was developed in partnership with Square, which already has a similar service called Square Cash that allows users to send money over email.
Snapchat describes the new service in the blog post as follows:
For those who are worried about the security of your payment information in Snapchat's hands, apparently Square will be heading up that front:
Snapchat didn't address when the service will be available, but it will presumably require an update that can't be too far off.
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