Skype to offer money transfers via PayPal

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Both Skype and PayPal are owned by eBay, so it’s no surprise to see them working together – and the next venture looks to be money transfers, according to Skype co-founder Niklas Zennstrom, speaking at a technology conference in Silicon Valley.

“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.” Following the remarks, a Skype spokesman said that the service should be formally announced within the next month.

How it works in practice isn’t yet clear, but we’ll have details online as soon as they’re announced.

Skype website

Via Reuters

Dave Walker