Snapchat Is Shutting Down Snapcash, Its Peer-to-Peer Payment Service | Digital Trends


Snapchat’s woes show no sign of ending, and the latest casualty in the company is Snapcash, the peer-to-peer payment service. It’s likely that you’ve never heard of — much less used — the service, which makes its shuttering less of a surprise.

Part of Snapcash’s problem is that it wasn’t always used for the most innocent of purposes. Rather than splitting bills or sending back some money for the pizza you stole from your roommate, Snapcash tended to be used to pay adult entertainers for content on Snapchat. In short, it was probably more bane than boon to Snapchat proper.

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