This is not the first time Skype has offered peer-to-peer payments powered by PayPal in its app, though you'll be dating yourself a bit if you remember when such an integration was announced before!
To send money through the app, you'll need to have the latest version, but the person receiving the money can have any version of Skype.
Sending money using the new Skype is pretty easy: all you have to do is to go to the Find tab in a conversation, select Send Money, fill out the location information, the amount you want to send, and the currency you want to use.
"Whether it's to send money to your daughter studying overseas, reimburse a friend for grabbing milk at the store, or one of a million other reasons you might need to transfer cash, Send Money makes it easy and efficient", Microsoft says.
Notifications, which weren't working, apparently now are.
Microsoft, which owns Skype, says that while you will need the latest mobile version of Skype to send money, that doesn't apply to the recipient. Technically, the link between Skype and PayPal isn't devised for business transactions, but there's probably no formal rule prohibiting that use case either.
Send Money is not yet supported in South Africa. The first time you try to use this new feature, you'll be asked to confirm your location.
The following countries work with this Send Money feature as of this week.
Send Money is supported in the U.S. Canada, United Kingdom, Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Luxembourg, Malta, Netherlands, Portugal, San Marino, Slovakia, Slovenia and Spain, according to the two companies.
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