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SnapChat Partners with Square to Launch Snapcash

Snapchat-Snapcash-image-001Ephemeral chat app Snapchat has teamed up with Square to launch Snapcash, a service that will allow users to just type a dollar amount into the subject line of a chat and then send money to their friends.

Snapcash will allow users 18 years and above to enter their debit card data just like in Square then swiftly process their payment and send cash directly to their friend’s bank account.

“Just swipe into chat, type the dollar sign, an amount (e.g. $11.25), and hit the green button,” Snapchat announced. “We set out to make payments faster and more fun, but we also know that security is essential when you’re dealing with money.”

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Sam Wakoba
Sam Wakobahttp://techmoran.com
Taking you on tour through Africa's tech and business ecosystem, one story at a time since 2010! Based out of Nairobi, Kenya, Sam is the founder and managing director of Moran Media, which runs  TechMoran.com, various other digital platforms and a startup incubation hub for Kenya's youthful entrepreneurs. Drop me a mail at [email protected]

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