AfterDawn: News

Skype and PayPal have teamed up to offer users the ability to send money to other Skype users easily using the PayPal system. Niklas Zennstrom, Skype co-founder, revealed the new service on Tuesday at a technology conference in Silicon Valley. He did not say when this service will be available for Skype's millions of users. Both Skype and PayPal are units of auction giant eBay.

PayPal is already the most popular payment method for Skype users paying 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."



A Skype spokesperson said that the service should be formally unveiled within a month. "A lot of people using Skype are people who have friends and family on the other side of the world," Zennstrom said. At the end of 2006, Skype had 171 million registered users worldwide.

Source:
Reuters

Written by: James Delahunty @ 20 Mar 2007 19:14