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Short messaging app Snapchat has banded together with mobile payment company Square to launch another payment service Snapcash. The recently launched service permits Snapchat users to connection their debit cards to their account and send money to a contact by beginning a chat on cell phone, writing the dollar sign, entering a sum, and hitting the green catch, Snapchat wrote in its official Blog Post. The same is indicated in the feature below. This move is in accordance with Snapchat's extension plans which esteemed at USD 10 billion in its late raising support. As per a late report by comscore, Snapchat is presently the third most prevalent app among millennials (18-34 year olds). The app is more famous than Twitter, Pinterest, Vine, Google+ or Tumblr inside millennials demographic. "We set out to make payments speedier and more fun, yet we additionally realize that security is key when you're managing money" the company included. Until further notice, Snapcash i