The "making it rain" looks a lot like Stacks. http://rainstacks.com/
Introducing Snapcash
91–100 of 207 posts
Re: Introducing Snapcash
#92Earlier quoted context omitted.
Snapchat has come under fire because a significant portion of those nudes are technically child porn.
Yeah, except there is no proof that there is any exchange of goods taking place in the overwhelming majority of these. Do you think teenage girls and boys are really going to start selling their nudes? Just on a shallow examination of this possibility, it seems exceedingly unlikely to ever be a problem on a scale larger than a handful of cases. The social aspects of trying to sell "nude" pictures of yourself would be…
This happens already today not only with Snapchat, as well as on the multitude of cam services out there. (The taboo you mention makes the problem worse, as it can quickly escalate to blackmail.) Is it likely to get worse with integrated payments? I would guess yes.
Re: Introducing Snapcash
#93This video must have cost a pretty penny.
Re: Introducing Snapcash
#94Earlier quoted context omitted.
People are already using Venmo. Nobody is going to switch to Snapcash or Clinkle.
But Venmo hasn't won. Outside the Valley, I don't know anyone who uses it. (although, mostly the same with SquareCash)
Anecdotally, as a college student on the east coast, I know a ton of people who use Venmo (I use it myself).
However, this same group of people uses Snapchat as well.
Re: Introducing Snapcash
#9550% of snapchat users are under 18 [1]. which this video seems to clearly target (production style is fun, quirky, light hearted, even the actors are young). Yet they require a debit card and the use to be 18+. I guess they are hoping their young users stick with it for a few more years. [1] http://www.statista.com/statistics/315398/snapchat-user-age-...
I actually thought the video was a bit too old for their primary users. The whole glitz and glam of a over produced Vegas style show probably doesn't connect well with 18 year olds. They also had a large abacus, do 18 year olds even know what an abacus is?
Re: Introducing Snapcash
#96As much as I like competition, I hate entering my bank info into a lot of different places. I've been successfully ignoring venmo (in favor of paypal) for a while for the sole reason I don't want my info on more sites than necessary.
Seems like a lot of companies are trying to solve the "I hate entering my bank info into a lot of different places" problem, but it is only making the problem worse when half of my friends use one system and the other half use the other.
Someone needs to come up with a meta solution to sending money that doesn't involve me giving more companies direct access to my bank info.
(cue crypto-currency advocates)
Re: Introducing Snapcash
#97I keep checking my calendar and it says November 17, not April 1... hmmm is it broken?
Re: Introducing Snapcash
#98As much as I like competition, I hate entering my bank info into a lot of different places. I've been successfully ignoring venmo (in favor of paypal) for a while for the sole reason I don't want my info on more sites than necessary. Seems like a lot of companies are trying to solve the "I hate entering my bank info into a lot of different places" problem, but it is only making the problem worse when half of my frien…
fwiw paypal owns venmo.
Re: Introducing Snapcash
#99Earlier quoted context omitted.
I disagree. The primary users of Snapchat aren't worried about security.
They also aren't currently sending each other money. I hate to be a naysayer to what I think is a pretty cool product, but Snapchat's terrible security reputation is well-deserved. But also this isn't very much differentiated from sending money with Gmail, Square, etc.
I think the point is that they ARE sending eachother money, just in less efficient ways. Looking at how people use snapchat it isn't as much about ephemeral as it is about speed. It's much easier to send a picture to someone in snapchat as the flow is better, and it doesn't leave a stupid photo on your phone (and on several cloud backups) that you didn;t want to stick around forever (e.g. check out this awesome car, you don't need a copy of that)
I thought this move was awesome. In my 17-25 year old life my friends and I were constantly owing eachother money for random things. If someone could pay me back right there for no charge that would have been my dream. We debated building an app for it at one point, just to tally who owes who what. It was a big enough issue I carried an excel doc but not enough to go out and search a standalone app for it. If the function is easily integrated into an app I use for something similar, however, I feel like I may pick it up.
Also teenagers aren't using gmail or square, etc. now so if snapchat can take them over before university they have a better chance of winning, imo. I do believe this is a market to be won going forward, at least in that 17-25 demographic (also why bitcoin got me excited, no fees for small transactions is a REQUIREMENT for person to person payments).
Re: Introducing Snapcash
#100Installed it, none of my coworkers can figure out how to actually send cash, or send anything. Right now it looks like a 'take a picture and add a dollar amount' photo app, except you can't export, can't send, can't do anything but take more app-only picture-expenditure receipts. e: Looks like it's not actually snapcash -- but another so-named app. Looks like someone is getting a ton of unintentional downloads today.
For me, it was simply a "snapcash" entry in the settings screen in the snapchat app.
You click it and put in your payment info before you can use the feature.
I'm on the Android app though, I heard from coworkers that the iOS one doesn't have it yet.