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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

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Teenagers prefer Snapchat over Facebook, Instagram: Study. Pixabay
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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.

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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)

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Snapchat Introduces Two New Features To Make The App More Interactive

Both the features have been released globally and would reach all users over the coming weeks

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Snapchat made more interactive with 2 new features. Pixabay

Photo-messaging app Snapchat has introduced two new features — “Friendship Profiles” and “Bitmoji Stories” in an attempt to make the app more interactive and fun.

With “Friendship Profiles”, Snapchat would hold content like images, videos, messages and links that users have saved in Chat with a friend or a group of friends, the company wrote in a blog post on Tuesday.

“Each ‘Friendship Profile’ one will be unique, highlighting the most special moments you’ve shared and saved, showcasing relationship privately,” the post said.

Snapchat is reportedly planning to launch more "Lenses" that will react to sounds over the coming weeks.
Snapchat, IANS

“Bitmoji Stories” are being introduced in English language only, as a new comic strip, starring Bitmoji avtaar of the Snapchatters themselves, with guest appearances from friends.

“Find new episodes of ‘Bitmoji Stories’ each week right in the ‘Discover feed’,” the post added.

Also Read- LAVA Launches New Feature Phone ‘Prime Z’

Both the features have been released globally and would reach all users over the coming weeks. (IANS)