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Title: Snapchat wants you to send cash through its app, but Snapcash is no Venmo Post by: HCK on November 18, 2014, 03:00:18 pm Snapchat wants you to send cash through its app, but Snapcash is no Venmo
<article> <section class="page"> <p> Snapchat is now letting you send cash through its app with a new feature called, fittingly enough, Snapcash (http://blog.snapchat.com/post/102895720555/introducing-snapcash). Your first instinct might be to take your debit card and run far, far away from an app that has been the target of high-profile hacks (http://www.techhive.com/article/2090763/poor-security-still-haunts-snapchat.html)—that’s understandable. But Snapchat’s new Venmo-like feature is powered by a name people actually trust: Square.</p><p> Square handles the back-end details of Snapcash, including debit card number storage. No financial information will be kept on Snapchat’s servers, which have fallen prey to attacks in the past.</p><p class="jumpTag"><a href="/article/2848727/snapchat-wants-you-to-send-cash-through-its-app-but-snapcash-is-no-venmo.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article> Source: Snapchat wants you to send cash through its app, but Snapcash is no Venmo (http://www.macworld.com/article/2848727/snapchat-wants-you-to-send-cash-through-its-app-but-snapcash-is-no-venmo.html#tk.rss_all) |