Snapchat shuts down peer-to-peer payment service Snapcash

The days of Snapchat's peer-to-peer payment service Snapcash are numbered.

Snapchat will officially end its mobile payment service on Aug. 30, according to buried code within the Android app uncovered by TechCrunch. 

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It's been four years since Snapchat launched Snapcash. In November 2014, Snapchat announced a partnership with mobile payments service Square to introduce the feature that lets you transfer money between accounts on the content sharing platform.

The feature has been available to Snapchat users using both Android and iOS in the United States who have a debit card and are 18 or older. Read more...

More about Snapchat, Finance, Snap Inc, Peer To Peer, and Snapcash

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