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Skype Gets Linked Financially to PayPal
Skype is moving into the transactions space, the companyâs CEO and founder Niklas Zennstrom announced Tuesday at VON. The company, which has more than 171 million users, now offers a variety of services and features including the ability for users to send money to each other, an online marketplace and a local business listing search engine.
Send Money uses Paypal technology to enable Skype users to send money via the service. Many Skype users have friends and family âon the other side of the planetâ? said Zennstrom, so this service is ideal for them. âIt takes communications one step further by adding transactions and sending money,â? he added.
A Skype user can send money by simply logging onto his or her online Paypal account and choosing the amount to be sent to the other Skype user.
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