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Snapcash Shutting Down Next Month

4 monthes ago   |   By Ubergizmo

Snapchat announced its move into mobile payments with Snapcash. The service enabled users to send money directly to each other. They just needed to set up their financial information first in the app before they could get started with Snapcash. The service itself was powered by Square. It appears that the company will now be forfeiting to Venmo as it's reportedly going to shut down Snapcash next month.
TechCrunch points to code buried in Snapchat's Android app which mentions a “Snapcash deprecation message.” The message will be meant to inform users that “Snapcash will no longer be...
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