Snapchat Is Pulling the Plug on Its Snapcash Payments Feature, Developed With Square

It will be discontinued Aug. 30

Snapcash debuted in November 2014 Snapchat

Snapchat teamed up with mobile payments company Square in November 2014 to roll out Snapcash, a way for users of the messaging application to easily transfer money to each other. David Cohen is editor of Adweek's Social Pro Daily.