Skype now lets you send money to friends and family

Skype users can now send money to friends and family via the video call and messaging service by linking their account with PayPal.
The new service, called Send Money, lets people in the UK transfer funds via the Skype mobile app while they are in the middle of a conversation.

This means that Skype users no longer have to switch to their internet browser or banking app to move money to other accounts. Now, they simply swipe right, tap “Send Money” and complete the transfer process.

“The first time you use the Send Money feature, you’ll be asked to confirm your location,” Skype said in a blog post. “If the Send Money feature is available in your location, you will need to link your PayPal account to your Skype profile. PayPal handles the money transfers and usually within moments, your money is on its way.”

To use the Send Money feature, the sender and the recipient must be located in one of 22 countries, which include the UK, US, Canada and some nations in mainland Europe. The app also contains currency options, so if you’re sending funds from the US, for example, to someone in Europe, you can choose to send the money in euros.

Senders also need to be using the latest version of the Skype mobile app, but the friend or family member who’s receiving the funds can use any version. If you, or your friend who’s receiving the funds, don’t already have a PayPal account, you’ll be prompted to create one the first time you use Send Money.

It is just the latest feature Skype has introduced for its users.

In June, Skype unveiled the next generation of its popular service, with new features to help people chat, call and share. It has been completely rebuilt, giving users the power to personalise their experience on mobile and desktop.

In November last year, Skype opened up its service so even people without accounts can chat to each other for free; while its voice translator works in 10 languages, and its text translator is available in more than 50 languages for instant messaging

Posted in Cloud, Cloud Computing, data, Ecommerce, Microsoft, Microsoft Cloud, Mobile, Mobile Apps, Office 365, Skype, Technology.