Skype users on Windows 10 will receive an update in the coming weeks that will integrate PayPal into the VOIP service. The new Skype Money feature was already available to Android and iOS users but Windows 10 users did not receive it until now.
There is no official word on when the service will be made available to users running the latest version of the desktop app. However, the new Skype Money feature is now available as part of an Insider build (version 14.32.42.0) which is allowing Insider members access to the app. Users who are not part of Microsoft Insider will receive the feature in the coming weeks.
PayPal is a service that allows users to pay for goods and services or even transfer money to any part of the world. The charges for the service vary from region to region and there are currency conversion charges applicable when switching from one currency to the other.
If you want to use the feature you will need to create a PayPal account and link your bank account or payment card to initiate payments. Once your PayPal account is ready you can link it to the newly redesigned version of Skype (not available on Skype Classic) and you will be able to send and receive money amongst your contacts.
There are restrictions in place and the service is available to citizens of the US and UK, Australia and New Zealand, Canada, and a number of European countries. A fairly large number of currencies are supported with more countries and currencies set to be added to the service soon. There are no fees incurred when using the service from Microsoft. However, cross-border transactions may incur a fee at PayPal’s end.
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