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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]
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]
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.