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'
Last Updated : Jul 24 2018 | 4:06 PM IST
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.