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

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.

Comments

Too little, too late

[DontBeAMoran]

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

Re:Too little, too late

[DontBeAMoran]

And yet you wasted even more time writing your reply.

Re: Too little, too late

[cunina]

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!

Re: Too little, too late

[drinkypoo]

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.

One Billion?

[Chmarr]

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

Banking regulation

[neutrino38]

I wonder how they would be considered as financial institution ?

Re:Banking regulation

[rtb61]

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.

Send Kids Your Paycheck

[turkeydance]

Eventually

I think they'd be better off with Zelle

[93 Escort Wagon]

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.

Re:I think they'd be better off with Zelle

[unixisc]

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?

Nigerian Prices come to Skype

[AlexanKulbashian]

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'. "

Best Part Is The "Send Money To Bill Gates" Button

[dryriver]

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.

Incomming call from Nigerian Prince

[testdummy]

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

Video porn, easier at last!

[leifmadsen]

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

Great!

[xettera]

Bring on the scams

Re:Great!

[DivineKnight]

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.

And the very next article on Slashdot?

[waTeim]

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

Re:Xoom...

[unixisc]

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.

Re:Share Money?

[DivineKnight]

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.

Camgirls will love this

[Anonymous Coward]

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