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Snap Inc. got rid of Snapcash — here's why it was a good decision for the company
 

Snap Inc. got rid of Snapcash — here's why it was a good decision for the company

Snap Inc. got rid of Snapcash — here Sean Gallup/Getty Images Snapchat will shut down its peer-to-peer payment app, conceding to Pay Pal's Zenmo and Square's Zelle.  Snapchat suffered due to competition from other peer-to-peer payment apps, social media platforms like Facebook and Instagram, and public clashes with celebrities.  Being able to transfer payments also complicated Snapchat's attempt to transition away from being labeled a sexting app as Snapcash mostly flourished in providing payment for erotic cont... read more

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