Thanks to PayPal integration, it’s now possible for users in 22 different countries to send money to friends and family using Skype’s iOS app.
The update not only improves Skype’s functionality, but also — due to the fact that Skype has been downloaded more than one billion times worldwide — greatly extends the possible reach of PayPal, too.
How to send money with Skype
To use the feature, make sure you’ve got the latest version of Skype’s mobile app downloaded. Then select “Find” in the top menu bar while in a conversation with a contact, and choose the “Send Money” option, before typing in the amount you want to transfer and confirming it.
At least in the United States, sending money is free if you’re using a debit card or a PayPal balance. Credit card fees are $0.30, plus 3.4 percent of whatever transaction you’re attempting to make.
Supported countries include the U.S., United Kingdom, Austria, Belgium, Canada, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Luxembourg, Malta, Netherlands, Portugal, San Marino, Slovakia, Slovenia and Spain. The update is rolling out starting today.
Skype’s not the only service to offer in-app payments. From iOS 11 Apple will offer peer-to-peer payments using its Apple Pay Cash feature. PayPal, which powers the new Skype update, also offers its own Venmo app.
Will you be using the new Skype feature? Let us know in the comments below.