Snapchat stopped this service, the reason to be surprised
This digital payment service was started by Snapchat in 2014, which allows users to pay on Snapchat's app.SAN FRANCISCO: Photo-Messaging App Snapchat has decided to discontinue its digital peer-to-peer payment service Snapchat from 30 August. Along with that, the company's long-standing partnership with American mobile payment company Scavar will end.
Tencrunch said in a report referencing the Snapchat spokesman, "Yes, we are going to shut down the 'snapcash' feature from August 30, 2018. 'Snapcash' was our first product, which was created in partnership with another company 'scavar'. We are grateful to all the snapaccharats who use snapcash, who have used snapcash for the last four years. "
This digital payment service was started by Snapchat in 2014, which allows users to pay on Snapchat's app. The real handling of this service was 'Square'.
However, this feature was launched to facilitate users. But many users started misusing this service and in exchange for adult content, started taking payment through snapcash. Due to this abuse, Snapchat got entangled in serious legal and PR related problems. In this case, the company had to announce the closure of this service
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