Snapchat launches Snapcash feature – send money as easy as you send selfies!
In order to make the feature work, you will have to enter your debit card information on Snapchat and it will be saved by Square, which makes it all the more secure. When the time comes and you want to send some money, all you have to do is open chat and enter a dollar sign followed by the amount you want to send. When you send the message, your dollars will run from your account to the sender’s too.
Snapcash is available for users over 18 years old with a debit card who reside in the US.
Source: Snapchat Blog