The feature will no longer be available as of Aug. 30.
Snapcash was Snap’s first collaboration with another company. Snapchat partnered with Square Inc. (NYSE: SQ) to bring the Square Cash concept to the disappearing messaging app.
Snapchat users can swipe into chat and type a dollar sign and an amount. Snapcash recognizes the dollar-sign tag, and a green payments button appears. Tap the green button to transfer the cash. The feature is linked to a Snapchatter’s debit card.
But a tipster alerted TechCrunch to code in Snapchat’s Android app that suggested the feature is coming to an end, and a Snap (NYSE: SNAP) spokesperson confirmed, “Yes, we’re discontinuing the Snapcash feature as of Aug. 30, 2018.