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Skype Planning Money-Transfer System via PayPal

 6:23 pm on Mar 20, 2007 (gmt 0)

Web telephone calling service Skype will shortly begin allowing users to send money to other Skype users via the PayPal online payments system, Skype co-founder Niklas Zennstrom said on Tuesday.

Speaking at a technology conference in Silicon Valley, Skype Chief Executive Zennstrom said the company is working with PayPal, but declined to say exactly when the service would be made available to Skype's tens of millions of global users.

Both Skype and PayPal are units of online auction leader eBay Inc.. PayPal is already the most popular way that Skype users pay for long-distance Skype phone calls to other phones.

"You can send money over Skype," Zennstrom said of the upcoming service plan. "This is basically connecting the Skype community over PayPal. All the user needs is a PayPal account."

Skype Planning Money-Transfer System via PayPal [news.yahoo.com]



 9:25 pm on Mar 20, 2007 (gmt 0)

I can't say that I'm impressed. What will this be, other than new links spewed over the Skype client?


 6:45 am on Mar 21, 2007 (gmt 0)

This is PayPal begging and pleading for their lives and making partnerships anywhere they can before Google (and Microsoft) crushes them out of existance. This particular partnership is silly, anyone who uses skype has an email address and can paypal directly to any other email address.

In fact it's just PayPal teaching customers there is one more place you can enter your password that is not https paypal.com, which is a bad idea.

Personally I cannot wait until there are more reasonable, widespread alternatives.

[edited by: amznVibe at 6:46 am (utc) on Mar. 21, 2007]


 4:54 pm on Mar 21, 2007 (gmt 0)

I dont get you amznVibe.
IMO this is normal approach because PayPal & Skype are owned by eBay. So, they are just promoting PayPal for free.

Both Skype and PayPal are units of online auction leader eBay Inc

OTOH I like Skype because its simple and if they will fill it with tons of additional feature, they can loose the market.


 7:49 pm on Mar 22, 2007 (gmt 0)

Pretty soon I should be able to buy a soda from a vending machine with my Skype phone with Paypal as the payment method.


 6:28 pm on Mar 29, 2007 (gmt 0)

that is interesting.

I never know its the same company as paypal :) lol

Becuase initially skype used to accept moneybookers only.

I guess it would tie up with others and start accepting and sending payments through multiple gateways. Just the way our banks work ;)

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