Snapchat Now Lets You Send Money Too
By a show of hands, how many of you would use Snapchat to send money?
Messaging services are an obvious way to handle peer-to-peer payments, though Snapchat CEO Evan Spiegel told Recode that he doesn’t see his company competing with the likes of PayPal or Venmo in the suddenly red-hot payments market. At least for the moment, it doesn’t look like Snapchat is charging a fee to use what it calls Snapcash.