51–60 of 207 posts
Earlier quoted context omitted.
I disagree. The primary users of Snapchat aren't worried about security.
Even with their money?
Square loses something like 25 cents per Square Cash transaction [1], and now they want more transactions? I wonder if Snapchat is paying those fees, and if so how they think they're going to make that money back from their users. [1] http://qz.com/248572/squares-search-for-a-viable-business-mo...
Underage nudity and quick cash sending? What could possibly go wrong?
....Because that's not possible today with current technology? edit: I seriously don't understand how you immediately jump to that being the new functionality when sending payments today is as simple as logging into paypal or any numerous other payments sites.... Not to mention the age requirement of 18? This comment is just fear mongering.
I can, however, see someone asking for cash through the very same app that they're using to send nude pictures.
I agree with the GP, this is gonna get interesting.
Underage nudity and quick cash sending? What could possibly go wrong?
....Because that's not possible today with current technology? edit: I seriously don't understand how you immediately jump to that being the new functionality when sending payments today is as simple as logging into paypal or any numerous other payments sites.... Not to mention the age requirement of 18? This comment is just fear mongering.
Underage nudity and quick cash sending? What could possibly go wrong?
....Because that's not possible today with current technology? edit: I seriously don't understand how you immediately jump to that being the new functionality when sending payments today is as simple as logging into paypal or any numerous other payments sites.... Not to mention the age requirement of 18? This comment is just fear mongering.
I'm not suggesting that it will be frequently misused -- but even one mishap could seriously harm their business. Law enforcement takes child pornography more seriously than just about any other offense, and money on the table makes it even more serious.
Underage nudity and quick cash sending? What could possibly go wrong?
....Because that's not possible today with current technology? edit: I seriously don't understand how you immediately jump to that being the new functionality when sending payments today is as simple as logging into paypal or any numerous other payments sites.... Not to mention the age requirement of 18? This comment is just fear mongering.
Everybody wants to be a bank. Then they discover how much support effort goes into stopping, or untangling frauds, scams, and robberies.
Otherwise anybody could steal money from you as long as they can get into your phone and open snapchat.
I think the primary challenge is convincing users that it's secure. Snapchat has a relatively poor reputation in security (whether that's deserved or not), and everyone I know just uses Venmo. Venmo has Facebook integration, so if you're Facebook friends, it's really easy to send money. It seems like integrating into a platform that's supposed to be ethereal is a weird fit, but who knows -- maybe it'll catch on.
Lucky for Snapchat their users and potential investors don't care about security in the slightest.