The Daily Dose

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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