Snapchat, Square want to make it easy for you to send cash
Found on CNet News on Tuesday, 18 November 2014
Snapchat, known for sending photos that immediately disappear after being viewed, has teamed with payment processing service Square to help users send money to one another.
The move marks Snapchat's latest effort to expand beyond disappearing messages. In the three years since launching, Snapchat has become synonymous with a new breed of social-networking services that focus on simple communication of either a photo or video.
Snapchat promised "self-destruct" images which vanish without a trace. Images which are posted online everywhere and can be restored; contrary to what they said. Not really a great basis for something as sensitive as a payment system.