Snapchat Now Lets You Send Money With That Message

Teams with Square to create Snapcash


Now, your money can disappear as fast as a photo on Snapchat. The hot startup is enabling users to quickly transfer cash to each other thanks to a partnership with Square.

Snapchat announced the money-sending service in a blog post today, but it had been expected to enter e-commerce for some time.

Square is the credit card processing startup co-founded by Twitter's Jack Dorsey. The San Francisco-based company will power the financial back-end of Snapchat's money feature, called Snapcash.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in