Today Snapchat unveiled a partnership with payment processor Square to launch payments inside_the Snapchat app. The feature, dubbed Snapcash, allows users to send money to friends on the network by simply typing the amount and hitting send. With Snapcash, we’re_finally starting to get a glimpse of a promising future of mobile payments. These types of frictionless payments aren’t_exactly_new. Square has allowed users to send money over email for some time now, while competitors like Venmo allow users to send payments with simply a mobile number. However, despite the choices before today, they’ve been going about it wrong. Many of these...

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