You'll need the newest version of Skype in order to get going. Although the mobile app is required to send money, recipients can use any version of the Skype app to collect their funds. You just type in the amount to send, confirm the payment, and hit send to complete the transaction. Finally, for those sending money to another supported country, Microsoft says that currency exchange is no problem and that you'll be able to send funds from the United States, for example, to a European country, in Euros. "Starting today, we're rolling out the ability to send money with PayPal on Skype".
Skype users can now send money to one another thanks to a new partnership with PayPal. If they don't have PayPal they'll be asked to create an account, which might be a little annoying, so probably best to check they have it before you try sending them money.
Skype said the feature will initially work in 22 countries; check out the list below. In other words, a user in the U.S. will have the option to send money to a contact in Europe in Euros. If you're sending funds from the US, for example, to someone in Europe, you will have the option to send money in Euros.
The initial rollout is to 22 countries: the U.S., the U.K., Austria, Belgium, Canada, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Luxembourg, Malta, Netherlands, Portugal, San Marino, Slovakia, Slovenia, and Spain.
This integration between Skype and PayPal makes it incredibly easy for users to transfer money to a contact on Skype without having to jump between this app and their browser or banking app.