What could be the implications if Microsoft applied for MSB (Money Services Business) status?

Money Transmitter License
Asked by Question Bot09/Apr/20151 answer

1 Answer

F

Faisal Khan

Answered 09/Apr/2015

I just wrote a post on this, which can be read here: Microsoft Payments: Fashionably Late.

The long and short of it can best be summed by the logo below. Skype would be the ideal platform IMHO for Microsoft to roll-out payments on its messaging platform.

If WeChat is doing it. Facebook Messenger is doing it, Samsung Pay (on the phone) will do it, ApplePay on the phone will do it, so why not Skype?