Business Standard

Monday, December 23, 2024 | 06:20 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Snapchat to discontinue its digital payment service 'Snapcash'

Current Time 0:00
/
Duration Time 0:00
Progress: NaN%

Snapchat to discontinue its digital payment service 'Snapcash'

New Delhi, Jul 24 (ANI): Multimedia messaging app is discontinuing its digital payment service app 'Snapcash'. Snapcash started as a way of splitting bills among friends, ended up being used as a way of exchanging private content. As a result the parent company will now be shutting down 'Snapcash' to avoid misuse and legal problems. 'Four years after launching the peer-to-peer payment service, Snapcash will be shutting down on August 30' as per a source. Snapcash was the first product Snapchat built in partnership with another company called Square.

Explore News Home