Snapchat wants you to send cash through its app, but Snapcash is no Venmo<article>
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Snapchat is now letting you send cash through its app with a new feature called, fittingly enough,
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—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>
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Snapchat wants you to send cash through its app, but Snapcash is no Venmo