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Tuesday 18 November 2014 3:31 am

Snapchat moves into mobile payments with Snapcash: Who are its competitors?

By: Jessica Morris

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Snapchat is partnering with payment processing firm Square Cash to create spancash. 

Snapcash will allow users to swipe into snapchat, type the dollar sign and the amount they wish to send, then hit the green 'send' button, the company said in a blogpost. . Square Cash will  store users' debit card details and process payments sent to friend's bank accounts through Snapchat.

Friend-to-friend payments

Security breaches.

Quote.

Facebook (rumours):

Rumours that facebook will be integrating a mobile payment services into its messenger function 

Venmo:

Apple pay:

Apple pay is the mobile payment service of technology giant Apple.

Google wallet:

Amazon payments:

 

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