Slashdot Mirror

← Back to Stories (view on slashdot.org)

Microsoft and PayPal Add 'Send Money' Feature To Skype (paypal.com)

Posted by EditorDavid on from the pushing-peer-to-peer-payments dept.

BrianFagioli quotes BetaNews: Microsoft has partnered with PayPal for a new way to transfer funds using Skype... "Today, we're excited to announce that PayPal is now partnering with Skype to allow users in 22 countries to send money to other Skype users with PayPal via their Skype mobile app. With over one billion Skype mobile downloads to date globally, users will be able to use PayPal directly from their Skype app to seamlessly send money in the moment...across the country or internationally," says John Kunze, VP of Xoom, PayPal.
It's part of a push to make it easier to share money, PayPal writes: Over the past year, we've partnered with Apple, Slack and Microsoft to enable peer-to-peer payments with PayPal and Venmo in more places and in more contexts where people are connecting online and on mobile, such as a voice command with Siri, in chat with iMessage and Slack, and in email via Microsoft's Outlook.com.

49 comments

  1. Too little, too late by DontBeAMoran · · Score: 1, Flamebait

    Bitcoin is already beating them all. It's cross-platform, international and you can't have your funds withheld for no reason.

    --
    #DeleteFacebook
    1. Re: Too little, too late by Anonymous Coward · · Score: 0

      lmao at bitcoin. You really consider that a currency and not a commodity?

    2. Re:Too little, too late by Anonymous Coward · · Score: 0

      I hope you get hit with offtopic or redundant. Not worthy of the time it took to read your comment.

    3. Re:Too little, too late by DontBeAMoran · · Score: 1

      And yet you wasted even more time writing your reply.

      --
      #DeleteFacebook
    4. Re: Too little, too late by cunina · · Score: 3, Informative

      And transactions are cleared in only a few short hours. Plus, you only have to download 128 Gb of blockchain data. What could be more convenient than that? Get your Dunning-Kruggerands today!

    5. Re: Too little, too late by Anonymous Coward · · Score: 0

      yep and by the time it is cleared what you got could be worth 200% more than when it was sent or 50% of what was sent. blockchain and bitcoin have some nice features, transactional convenience and reliability is not one of them.

    6. Re: Too little, too late by Anonymous Coward · · Score: 0

      Absolutely!!! It's both a currency and commodity... the best of both worlds combined. Just like chickens and oil. Barter them off for other things of value to you. A "currency" is really just the formal and tricky word for "fiat government manipulated bullturds".
      I get paid in bitcoin, to the tune of hundreds of euros every few months from my customers. And I absolutely won't give that away, you have to buy or barter it from me because it has wel known value among those who use it.
      Yes, to you fiat loving government asskissing politician swooning sheeple, cryptocurrencies are worthless in your eyes. But once you actually OWN some cryptocurrency, you start to LEARN its VALUE.
      You CANNOT talk about it until you own and experience it.
      So go buy or barter for some, hold half for a year, spend the other half.
      Then you can report back.

    7. Re: Too little, too late by drinkypoo · · Score: 1

      these free and open market dynamics are both NORMAL and ACCURATE and to be EXPECTED

      Nobody gives a fuck if the fluctuations are expected if they can't buy milk in the morning because their BTC has tanked while they were trying to spend it. That's why there's ways to take money out of BTC... to make it useful.

      It is fiat currencies that are ARTIFICIALLY manipulated and untrustworthy.

      You're acting like BTC has intrinsic value. It doesn't.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    8. Re: Too little, too late by Anonymous Coward · · Score: 0

      You mommy coddled morons just need to get off the teat of the nanny state and out into the real world, learn to live on your own as free independant loving and voluntary beautiful people, learn about crypto and anarchism, hell even libertarianism. Life is yours, quit being spoon fed it, and start living it.

      You sound like it's your 18th birthday, loudly proclaiming your independence and ascension. And you do so while still living in your parents' house, eating their food, and using a phone and car paid for by them.

  2. One Billion? by Chmarr · · Score: 2

    Is that one billion users, or just one user that's downloaded the program a billion times ??

    1. Re:One Billion? by Anonymous Coward · · Score: 0

      ... and is still wondering why nobody ever calls. :D

  3. Banking regulation by neutrino38 · · Score: 1

    I wonder how they would be considered as financial institution ?

    1. Re:Banking regulation by rtb61 · · Score: 1

      In reality they are corporate tax scammers, whose only real function is to tax other peoples financial transactions to feed their parasitical greed. How about a government institution that does the same thing, if I am going to be paying a tax, I would rather that payment reduced my other taxes, rather than feed some shit fucks greed who think they are then entitled to control me, the right to grant or block any transaction I might ask permission to achieve. Fuck paying empty corporate taxs, fuck having to ask corporate permission for any transactions I wish to make, so fuck PayPal and fuck M$.

      Want to give someone money, go up to them, say hi and give them the cash and have a friendly chat whilst you are there. Be as local as you can in your transactions and fuck asking for corporate permission.

      --
      Chaos - everything, everywhere, everywhen
  4. Send Kids Your Paycheck by turkeydance · · Score: 1

    Eventually

  5. I think they'd be better off with Zelle by 93+Escort+Wagon · · Score: 1

    Venmo seems too easy to game - PayPal seems to be hellbent on making the same mistakes over and over.

    Banks aren't perfect; but I trust them more than PayPal when it comes to securely handling person-to-person money transfers. I've only used Zelle a couple times, but it seems pretty frictionless once it's set up.

    --
    #DeleteChrome
    1. Re:I think they'd be better off with Zelle by unixisc · · Score: 1

      How is Zelle for international transactions, which is what I'm assuming this new feature is about. I mean, within the US, I have no problems sending money to someone else, be it by check, or wiring the money. Internationally, however, it's not that smooth, and even PayPal initially takes some weeks before someone establishes a history and then PayPal allows them to immediately access their funds. Would this Skype Send Money feature allow international transactions, not only from the US, but to the US as well?

  6. Nigerian Prices come to Skype by AlexanKulbashian · · Score: 1

    PrinceSkypeOfNigeria: "Hello. I am a prince from Nigeria who has been granted access to $10million in free cash, but I need you to send me money on Paypal first. Just click that button beside 'Send'. "

  7. Xoom... by Anonymous Coward · · Score: 0

    Last time I heard that name, they provided free webhosting. It was roughly in 1999.

    Also, PayPal are literal SCAMMERS/THIEVES.

    1. Re:Xoom... by unixisc · · Score: 1

      But Xoom - now PayPal owned - only allows money to be sent one way - from the US - depending on country. I used it 3 years ago, and it seemed fine then.

  8. Best Part Is The "Send Money To Bill Gates" Button by dryriver · · Score: 2

    You click that button, and your money goes "to a better place" instantly. =) Oh and if you are on Linux or OSX, Windows 10 Super Nice Edition force installs on your computer.

    --
    Why did the chicken cross the road? Because Elon Musk put an AI chip in its head.
  9. Incomming call from Nigerian Prince by testdummy · · Score: 1

    How long before we see some type of scam or hack from this addition?

  10. Video porn, easier at last! by leifmadsen · · Score: 3, Insightful

    That won't get used for online cam stripping at all.

  11. Plenty of better solutions are available. by Anonymous Coward · · Score: 0

    You fools who are in love with sketchy choices like PayPal and Bitcoin make me laugh at your ignorance and stupidity. You are making suggestions
    that people who have a good working knowledge of the subject of moving funds will KNOW are hilariously poor choices.

    Bank-to-bank transfers ARE safe. For other situations which don't involve huge sums and therefore incur a larger risk which should be avoided, there are options like Western Union or a US Postal Service money order. You can live your entire life without ever needing to use PayPal, and do just fine. And you would be well advised to do exactly that : don't use PayPal.

    Using PayPal opens you to being SCREWED. I _personally_ know scumbags who have used PayPal to rip people off. I know other people who have been screwed via PayPal. PayPal is not subject to regulations which apply to banks and this makes PayPal a poor choice for transferring more money than you can afford to gracefully lose forever.

    Transferring funds over Skype ?

    NO.

    1. Re:Plenty of better solutions are available. by Anonymous Coward · · Score: 0

      All the options you mentioned are either SLOW and/EXPENSIVE.

      As for PayPal, it depends per country but AFAIK they're bound to the same laws as banks in Canada.

    2. Re:Plenty of better solutions are available. by Anonymous Coward · · Score: 0

      PayPal and Skype are the FOOLISH choices.
      PayPal is closed source profiteers that will and do lock your account and keep your money for both any and no reason whatsoever, this has been going on since their inception... you lose. They datamine and sell your soul on the backside to other companies. And they report every single transaction to the NSA.
      Skype is a closed source centralized system of hub and spoke design that offers no end to end encryption and furthermore spies on everything you type and say.

    3. Re:Plenty of better solutions are available. by Anonymous Coward · · Score: 0

      Bank to Bank transfers are expressly NOT safe. Banks can and do halt transfers and take your funds for any or no reason whatsoever. Especially in your beloved USA. And the more you try to move, the more they "oopsie" lock you down and close your account.

  12. Screw Paypal by Anonymous Coward · · Score: 0

    Should have used Stripe

    But since Stripe and Amazon are in bed together now..Not gonna happen.

  13. too bad Skype accounts cant be deleted. by Anonymous Coward · · Score: 0

    so i hafta change user credentials and point Skype accounting at another email address that would terminate on itself just to proverbially Move all the Skype away from my identity.

    Skype is worse than Slashdot account management in that regard. They should have saved Skype by partnering with United States Postal Service and MoneyGram and Western Union, or how about Microsoft actually inmovating on technology by bridging the gap of the shitty banking cartels with an actuall Reloadable Gift Card an a ceiling to make it not as useful as a Merchant processing system? or integrate a Bitcoin accounting scheme, but no...

    Porn it is.

  14. Share Money? by Anonymous Coward · · Score: 0

    It's part of a push to make it easier to share money, PayPal writes:

    WTF is 'share money' supposed to mean? It's not in TFA.

    1. Re:Share Money? by DivineKnight · · Score: 1

      It means it's yet another scam to bankrupt you.

      Because it's so hard to type in a person's email address to send them the monies via PayPal already. And if they don't have an email address, perhaps you should rethink this transaction. /s

      This ranks up there with AOL's valued contribution to the Netscape Communicator Suite, in the form of an addition of a button labeled "@ Shop" or something close to that...because people were having trouble finding ways to spend money on the internets [sic] back in the day.

  15. Paypal by Anonymous Coward · · Score: 0

    I have a friend who just decided he'd run an email service. He had two paying customers, and they just happened to pay through Paypal (he's just getting started). Well, at the end of the month, after sending a lot of emails, one of them disputed the charge. Paypal returned the money, in spite of my friend being able to prove that the service was used and also being responsible (due to our horrible and privacy invasive laws) for keeping the emails for 5 years. So now he's having to keep these emails in the cheapest cloud storage possible.

    Bottom line, Paypal is unfriendly to businesses.

    1. Re:Paypal by Anonymous Coward · · Score: 0

      There's always cosmic rays. They could be responsible for your friend's unfortunate and catastrophic data loss.

  16. Great! by xettera · · Score: 1

    Bring on the scams

    1. Re:Great! by DivineKnight · · Score: 1

      I prefer the semi-scams which will soon populate the 'Skype-ways'; people 'poking' you or some such for some extra cash every chance they get. Imagine 3 or 4 of your friends hitting you up constantly for $30-40 bucks...it's going to make communicating via Skype a war zone.

  17. And the very next article on Slashdot? by waTeim · · Score: 1

    Is about how the NSA is getting notifications about peoples vulnerabilities. I believe I will be reluctant to adopt this new feature.

  18. btc by Anonymous Coward · · Score: 0

    Bitcoin still boss.

  19. Wechat in China already has this by Anonymous Coward · · Score: 0

    I am an expat living in China and I use Tencent's Wechat (China's main social network) to transfer money to other people, pay utility bills, buy movie tickets, pay my grocery (or anything) at the register, etc. Very simple to use and very convenient and this feature exists for many years

    I wonder why Wechat is not more popular in North America, it's leap and bounds above Facebook, Skype, Snapchat in terms of ease of use and in terms of not wasting your time with useless notifications and distractions.

    1. Re:Wechat in China already has this by Anonymous Coward · · Score: 0

      Wechat is a spyware done for wrong government, so it will not gain traction on USA.

  20. My post about Wechat got deleted by Anonymous Coward · · Score: 0

    Why is my post about Wechat (who already have these features for many years) got deleted?
    Does Slashdot have a deal with Facebook or Skype?

  21. Skype became useless by Anonymous Coward · · Score: 0

    Visiting my parents in a developing country (Romania), I discovered that Skype became unusable on their computer. For some reason, Skype on Windows 10 no longer has video on their older laptop, and on the new Mac I brought them I could not make it work (first, I had to unify the yahoo and skype accounts of my parents into a single Microsoft account, to later discover that it's not working anyway, that I cannot create a new account, etc.). So I switched to Google hangovers. Bye-bye Microsoft, I guess you were not interested in me and my parents, anyway (but more in the Skype for business crowd).

  22. Cyber sex just got easier and more lucrative by Anonymous Coward · · Score: 0

    You know I'm right.

  23. Skype alterantives already?!?! by Anonymous Coward · · Score: 0

    There are hundreds of skype alternative pages out there, but despite chasing down most every linked product on them, none seem to do what skype does for a similar price. I want a real phone number(skype-in), and unlimited NA calling for $65ish a year. I have been a skype customer for over a decade and their service is deplorable, yet, better than nothing! This month they killed support for all legacy android(which I was using most solely as phone handsets) and now I'm forced to use speaker mode in a large tablet vs an old android phone.

    Argh. .

    Oh and they just did a version check to kill skype on android 2.3.x.. It actually connects, and can make a call just fine for about 10 seconds before it drops everything and boots you out. software forced obsolescence.

    magicjack is as close as I've seen to a working alternative.

    1. Re: Skype alterantives already?!?! by Anonymous Coward · · Score: 0

      Hangouts + Google Voice free number. Runs on almost anything.

    2. Re: Skype alterantives already?!?! by Anonymous Coward · · Score: 0

      I could easily be wrong, but looking up google voice 'free number' seems to imply you need the phone number from a 3rd party to get incoming calls.
      If thats' the case, doesn't work.

      https://support.google.com/voi...

      Need, like skype a stand alone real phone number to receive calls from the outside work(skype-in), then the outgoing calls.

  24. Coming to the next release of Skype by Anonymous Coward · · Score: 0

    You'll be able to send lawyers or guns, as well as money.

  25. Camgirls will love this by Anonymous Coward · · Score: 1

    Finally a straight forward way to pay camgirls DURING the "conversation"...