EBay who own both these companies comes up with a real industry disruption winner, offerring mobile payments via Skype.
SAN JOSE, California (Reuters) – Web telephone calling service Skype will shortly begin allowing users to send money to other Skype users via the PayPal online payments system, Skype co-founder Niklas Zennstrom said on Tuesday.
Speaking at a technology conference in Silicon Valley, Skype Chief Executive Zennstrom said the company is working with PayPal, but declined to say exactly when the service would be made available to Skype’s tens of millions of global users.
Source: Skype to offer money-transfer system via PayPal – Yahoo! News
Quietly, Paypal is bring international payments to the masses, as pointed out in these recent European stats, reported at Linkdump.
Bankwatch 
Presumably people who have Paypal accounts already know how to send money to each by e-mail, so I’m not clear where the disruption comes from, can you elaborate?
My thought there is the integration of mobile payments through a non telco. Telco’s are disintermediated in this payment model.
More broadly, Ebay are integrating two (originally) disparate businesses, to create a larger whole, that challenges traditional payment vehicles. Banks are losing the ‘wires’ game. That last statement is no big thing to you and me perhaps, but Banks haven’t got that message yet.