Carlee Schmelzer Shortly following the leak of thousands of Snapchat photos, this startup has teamed up with the money app Square to create a collaboration app called Snapcash. The premise of this new app is that users can send money through a process similar to the way Snapchat sends picture.This update shows users that Snapchat is trying to evolve in function beyond the services that made the app popular in the first place.
Perhaps wary of privacy concerns, the company, which has has long faced questions over its security, smartly decided to let Square handle user financial data, rather than storing debit account information itself. Image courtesy of mashable.com |
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