Snapchat Might Launch A Mobile Payment Service Soon

The Los Angeles based Snapchat, which enable users to send pictures that disappear automatically, in a given set up of time, is making a gigantic motion towards expansion. Having a total worth of 10 Billion, Snapchat is threatening other web based companies like Facebook and Twitter for a much greater future. Recently, there have been reports on the expansion program of Snapchat which might include a Payment service for its users, enabling them to make online transactions and much more. Do leap ahead for more details.

According to the trademarks file findings this weekend, Snapchat might be expected to launch its own mobile payment service which will allow users to pay money via the Snapchat account. Documents revealed that the transient chatting host is looking forward for peer-to-peer transactions, payments as well as online purchases.

snapchat-features If you wonder, here is the summary of the document filings:

"Computer application software for processing electronic payments to and from others that may be downloaded from a global estimator network" (Trademark Serial # 86335306)

''Electronic transfer of money for others; providing electronic processing of electronic funds transfer, ACH, credit carte du jour, debit carte, electronic cheque and electronic, mobile and online payments'' (Trademark Serial # 86335307)

snapcash-to-send-payment-right-away-e1416396958101 Since Snapchat is dipping in in-app purchases, sponsorships and advertising we can conclude that it is following Wechat'southward footsteps which propose besides features in Asia. However, it is hard to anticipate the route that Snapchat will take in the Payments category, simply it's spotted that information technology does offering transactions or exchange of money between friends or purchase online from within the app.

Like the idea of Snapchat offer a payment service? Would you lot use such a service? Exercise you want to see a coin exchanging medium betwixt friends? Do let the states know your insights in the comments section and nosotros'll go on you updated in the meanwhile.