Snapchat to shut down peer-to-peer payment service Snapcash

San Francisco [United States], July 23 (ANI): Snapcash which started as a way of splitting bills among friends ended up being used as a way of exchanging private content, and now parent Snapchat wants to put it to rest.
Four years after launching the peer-to-peer payment service, Snapcash will be shutting down on August 30, TechCrunch reported.
Snapcash was the first product Snapchat built in partnership with another company called Square. (ANI)