Home Tech With Snapchat, you can now send money through its application

With Snapchat, you can now send money through its application

by Alex Musk

Snapchat, the ‘disposable’ chat with 100 million users, goes beyond the exchange of messages. In addition to sending texts, photos and videos, Americans will now also be able to send money. The service, called Snapcash and reserved for over 18s, is supported by a partnership with the online payment company Square.

Snapchat beat Facebook, which according to recent rumors would like to introduce a similar feature on Messenger. Twitter has recently signed an ad hoc agreement with the French bank BPCE.

Snapcash, presented with an ironic, musical-style video on YouTube, works by associating your chat account with your debit card. Once this is done, explains Snapchat on his blog, users will be able to send money as they do with a text message: just click on the button with the dollar symbol, type the amount and tap the green button to send. 

The service could grow Snapchat users, already very popular especially among young people for the ability to send self-destructing messages.

According to some rumors circulated on the net last month, Facebook would also have a similar function in the pipeline for the Messenger chat. 

At the moment, sending money to Facebook friends is only possible in Japan thanks to a service launched by the Rakuten bank. Twitter, on the other hand, in October signed an agreement with the French bank BPCE that allows you to send money with a tweet. 

What do you think about this? Let us know.

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