Read original story on: The Next Web
One step ahead of Facebook’s plan to put payment in its messaging app, Snapchat has teamed up with payment company Square to announced Snapcash, a new service that will allow users to send money to each other via Square’s system without leaving Snapchat. Now when a user signs up for Snapcash, they’ll be creating a Square Cash account at the same time. This partnership could be particularly helpful for Square, which has been trying to stay relevant in the face of the formidable Apple Pay.
For more information on the current state of mobile payment market, download and read our latest POV here.
