Saturday August 18, 2018
Home Lead Story Snapchat is S...

Snapchat is Shutting Down Snapcash, its Payment Service, on August 30th

The digital-payment feature was made part of Snapchat back in 2014 in partnership with "Square" that handled the actual payment processing

0
//
13
Snapchat
The feature, however, did not allow cancellation of payments once the process was completed. Pixabay
Republish
Reprint

Photo-messaging app Snapchat is reportedly terminating its digital peer-to-peer payment service “Snapcash” on August 30, ending its four-year long partnership with US-based mobile payment company “Square”.

“Yes, we’re discontinuing the ‘Snapcash’ feature as of August 30, 2018. ‘Snapcash’ was our first product created in partnership with another company – ‘Square’. We’re thankful for all the Snapchatters who used Snapcash for the last four years and for Square’s partnership,” TechCrunch quoted a Snapchat spokesperson as saying late on Sunday.

“Snapcash” used the regular number, expiration date and card verification value (CVV) of a debit card, allowing Snapchatters to shop, send and recieve money without having to leave the app.

snapchat
Snapchat on a smartphone device. IANS

The feature, however, did not allow cancellation of payments once the process was completed.

The digital-payment feature was made part of Snapchat back in 2014 in partnership with “Square” that handled the actual payment processing.

Also Read: Snapchat’s Camera May Help You Shop at Amazon

Even though the purpose of the feature was purely for user-convenience, it was exploited by users who offered adult content in exchange for payments through “Snapcash”. The misuse could have caused Snapchat serious legal and PR problems. (IANS)

Click here for reuse options!
Copyright 2018 NewsGram

Next Story

Snapchat Down: Messaging Service not Working for Users Across Britain

Snapchat has given no timeline about by when would this issue be resolved, the report added

0
snapchat
The company, however, is yet to confirm whether or not the bug is only affecting Android devices. Pixabay

Photo-messaging app Snapchat has reportedly been crashing down on some Android devices for the past couple of days, the media reported.

“We’re aware many Snapchatters are experiencing crashing on the app. We’re looking into it and working on a fix!” Snapchat Support said in a tweet.

According to a report in The Independent late on Wednesday, the app is down across Britain.

The app started crashing one day after Snapchat announced that it was rolling out a new “lens explorer” to allow users to browse through thousands of lenses created by the app in recent months, the report said.

Snapchat
Snapchat not working for many Android users: Report. Pixabay

The company, however, is yet to confirm whether or not the bug is only affecting Android devices.

Also Read: Snapchat’s Camera May Help You Shop at Amazon

Many users took to social media and expressed the issues they were facing with the app.

Snapchat has given no timeline about by when would this issue be resolved, the report added. (IANS)

Next Story