MISSION IMPOSSIBLE-STYLE disappearing photo message app Snapchat is giving its users the chance to send cash to each other.
The firm said that it hopes people will enjoy the experience as much as it does, and explained that all you need to do to send cash to a ‘friend' is type in how much you want to send and press green for go.
There is a stage before this, of course. Well, two actually. First you will need to join Snapchat, and second you will have to join up to money sending outfit Square Cash.
Once these two things are complete you will need to find a compelling reason to send money to a person who shares images of themselves that have a reasonable degree of privacy about them.
You could for, example, pay someone to send you a picture of a goose that someone is keeping secret, or you could possibly even pay for someone to send you a picture of their pullover.
"Today is a big day for us - we are launching our first product created in partnership with another company," said the firm.
"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!
"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."
Payments done this way are "fast and fun", according to the firm, but also secure. Snapcash for Snapchat is available to Snapchatters in the US now. Snapchatters over the age of 18 that is.
The firm also announced some changes to its privacy policies, but doesn't go into the same level of detail. Instead it suggested that users visit its privacy and terms pages and check for the updated information therein.
The key one that we spotted and believe deserves pointing out is an addition that kind of rocks the whole Snapchat proposition.
"[Snapchat] can't guarantee that messages will be deleted within a specific timeframe," it says.
"Even after we've deleted message data from our servers, that same data may remain in backup for a limited period of time.
"We also sometimes receive requests from law enforcement requiring us by law to suspend our ordinary server-deletion practices for specific information.
"Finally, of course, as with any digital information, there may be ways to access messages while still in temporary storage on recipients' devices or, forensically, even after they are deleted."
So, um, good luck with that. µ
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