Skype to offer money transfer via PayPal

22 March 2007

SAN JOSE: Web telephone calling
service Skype will shortly begin allowing users to send money to other Skype
users via the PayPal online payments system, Skype co-founder Niklas Zennstrom
said on Tuesday.

Speaking at a technology conference in Silicon
Valley, Skype chief executive Zennstrom said the company is working with PayPal,
but declined to say exactly when the service would be made available to
Skype’s tens of millions of global users.

Both Skype and PayPal are
units of online auction leader eBay. PayPal is already the most popular way that
Skype users pay for long-distance Skype phone calls to other
phones.

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