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Have you ever opened Snapchat, flipped through your multitudes of useless, mass snap chats from girls making duckfaces or loud, poorly-shot concert footage from some dumb, overpriced EDM show or something else equally awful, and thought “You know what would make this service better? Putting in my debit card so I can send people money.”
Well, if you have, you’re an idiot, but lucky for you, Snapchat’s in the business of making morons happy. They took to the internet Monday to introduce Snapcash, a new service where you can seamlessly send money to a Snapchat contact. They teamed with the wildly successful company Square Cash to incorporate their money-sending technology into the Snapchat app; for what purpose, I have no idea.
From the Snapchat press release:
“Today is a big day for us – we are launching our first product created in partnership with another company. We’re huge fans of the folks at Square and have been big admirers of Square Cash since it launched – just type a dollar amount into the subject line of an email and send cash to friends. Genius!
We loved it so much that we wanted to create something with them that felt Snapchat-y. So we built a Snapcash prototype and shared it with the team at Square. Luckily for us, they were just as excited as we were and wanted to build it together.
The product you’re seeing today is fast, fun, and incredibly simple. After you enter your debit card, it’s securely stored by Square, who will swiftly process your payment and send cash directly to your friend’s bank account. Just swipe into chat, type the dollar sign, an amount (e.g. $11.25), and hit the green button.”
There’s even a video to go along with it, because #internet.
Yes, let’s put your debit card and other precious personal information on the service that has more holes than a whorehouse and gets hacked more than Kim Kardashian’s blackberry.
No doubt this will change the game when it comes to asking for/receiving Snapchat nudes. You want tits? Five bucks. Butts are $10. Beav shots will cost you extra. An incredibly enterprising, attractive human being could make a buck off of this.
I just don’t think that there’s any possible way this could end well. That being said, I just registered my credit card with ApplePay on my new iPhone, so if I lose that thing or get hacked, I’m shit out of luck anyhow..
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@JayTasShow
@FireJayTas
I’m confused, does the money disappear after 10 seconds?
Can’t wait to hear all the idiots who thought this was a good idea piss and moan when the inevitable security breach happens.
Exactly.
If you believe your bank account is safe with Snapchat, I have oceanfront property in Montana I would like to sell you.