Microsoft Adds PayPal 'Send Money' Tool to Skype
Microsoft today said the latest version of Skype for Android and iOS devices makes it possible to send funds to other Skype users via PayPal. Users will be able to send money through PayPal without leaving the Skype app. The sender will need the new version of Skype to send PayPal funds, but the recipient can accept funds from older versions of Skype. Both the sender and the receiver, however, will need a PayPal account in order to fund and accept the money. If the recipient does not have a PayPal account, they'll be prompted to create one in order to access the funds. The service is available in the U.S. and 21 other countries, and supports the ability to send funds in various currencies. The new version of Skype is free to download from the Google Play Store and the iTunes App Store.
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This summer, Samsung will launch Samsung Money by SoFi, a new financial product integrated with Samsung Pay. Like Apple Card, Samsung Money can be used as a payment method with the wallet app (Samsung Pay), the account is managed within the wallet app, and the product also includes a physical payment card.
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