So I'm at lunch today and talking about PayPal and Skype. As a result I wrote a Million Minutes earlier today. Now I check my newsreader to find PayPal mobile has launched and MobileCrunch is all over it and it's been noticed by Alec, Russell etc.

Two ways to send money: * Call 1-800-4PAYPAL (1-800-472-9725) and follow the instructions. * Send a text message with the amount and recipient’s phone number to 729725 (PAYPAL). Example: send 10.50 to 4150001234 You will be called back by PayPal to review and confirm the payment by entering your PIN.

Drag and drop payments on the web are now one step closer. From the point of view of Skype competitors, PayPal is about to lock up a strategic asset. They now have my mobile number registered and soon will have millions more. They are going to have huge leverage if they do this right.

Ultimately, will I use it in this form? I'm not sure yet. I will just have to try it out a few times. However, it will get easier. Alec provides a good illustration. Add his payment button to Skype and before Christmas and you will be buying your Pizza's that way. I'm just wondering if it is going to get my kids to open PayPal accounts. Probably before too long. Beaming allowance to my kids would be useful. Hey Dad, I'm in this store, I need money can you send $ now to.... Yep it is happening!