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Snapchat would discontinue its peer-to-peer payment function called Snapcash on August 30, 2018. The feature was created in partnership with the online payment company ] Square in 2014.
The feature allows users to link their debit cards to their account and quickly send money to a contact by starting a conversation on a smartphone, typing a dollar sign and an amount and hit a green button.
Snapchat. Image: Pixabay
At the time when it was launched, Snapchat had said in a blog post, "We decided to make payments faster and more fun", but he is clear now that they have According to a report of TechCrunch a code found in the Android application of Snapchat has a "message of obstruction Snapcash "which displays" Snapcash will no longer be available after% s [date] "
The code was provided to TechCrunch by advisor Ishaan Agarwal, and when the code was presented to a Snapchat, a spokesman confirmed, "Yes, we are removing the Snapcash feature as of August 30, 2018. Snapcash was our first product created in partnership with another company – Square, we are grateful for all the Snapchatters who used Snapcash during last four years and for the partnership Square's iat! "
to a public relations crisis, which could be a reason for sh utdown. Snapscash appears to be badociated with badually explicit content online, where users advertise erotic content in exchange for money on Snapcash.
While Snapchat's plans to improve its strategy in terms of trade are still in question, it seems that ” width=”1280″ height=”720″/>
Recently, Snapchat announced that they were working on a product feature visual named 'Eagle & # 39; where users can scan objects, barcodes, songs and other objects then Amazon will show results regarding the same. The tool can apparently be used to create the Snapchat camera as a tool that can be used beyond social media.
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