This has all the hallmarks of a bad idea. Then again, if they implement proper security controls this could be very handy. But, my gut tells me this will end badly.
“You can send money over Skype,” Zennstrom said of the upcoming service plan. “This is basically connecting the Skype community over PayPal. All the user needs is a PayPal account.”
A Skype spokesman said following Zennstrom’s remarks that the service should be formally unveiled within a month.
Skype had 171 million registered users worldwide at the end of 2006. A year ago, PayPal began limited experiments allowing users to send money to other mobile phone users via text messages, but has done little to promote that service so far.
The likelihood that this is actively attacked by phishers I’d hazard will be off the charts. I hate to seem like an alarmist (no really) but, this does not sit well with me.
Tags: VoIP Security, Skype, Paypal, Skype Money Transfer
