You can now use Skype to send money to friends

Muriel Hammond
August 3, 2017

The Send Money feature also enables global payments, but only between select countries.

You'll need to latest version of the Skype for iOS or Android to send money, but the recipient can be using any version of the app.

Since Skype is a very popular app on both iOS and Android, it will be interesting to see how this partnership extends PayPal's reach. Once you get it, you'll be able to easily send people money through PayPal, straight inside the messaging app.

"To use the Send Money feature, both you and the funds' recipient must reside in one of the 22 countries in which Send Money is supported, and currency exchange is no problem", stated Microsoft in an August 2 announcement. That is, sending is free when you use your PayPal balance or debit card in the U.S. If you choose to use a credit card instead, the fee is 3.4 percent of the transaction amount plus $0.30.

The US based, Elon Musk owned firm PayPal has already announced their upcoming tie-ups with several companies like Apple, Visa, etc. for integrating their system as a default payment system.

With the new feature, users in those countries can send and receive money from friends and loved ones without leaving the app.

To try it out, swipe right when you're chatting with someone then tap Send Money.

The new "Send Money" feature, which has launched in 22 countries including the United Kingdom, brings the ability to send and receive peer-to-peer payments with PayPal to Microsoft's messaging app. Last October, PayPal partnered with Facebook to enable p2p payment on Messenger. The PayPal rates are exactly the same as they would be if you used its peer-to-peer payments on other platforms.

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