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Snapchat partners with Square, launches Snapcash for instantly sending money between users

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Snapchat today announced a new service, in partnership with mobile-payment service Square, dubbed Snapcash. The new feature allows Snapchat users to quickly and easily send payments to one another. Users can do so by simply swiping right to chat on the main screen in Snapchat and then entering a dollar amount. The money will go directly from one user’s bank account to another.


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