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A new update to the PayPal iPhone app now allows users to deposit money into their online accounts simply by taking a photo of a check. The new check-capture feature was first unveiled at TechCrunch Disrupt, and made its iTunes Store debut yesterday as a free update for the PayPal app. With the update, users will be able to deposit a check by using their iPhone to take photos of its front and back. The Chase Bank iPhone app, of course, has offered the same feature for a few months now, and the 'Square' app has cut out the need for a check, altogether. 'Square,' however, requires users to buy some extra hardware, while PayPal users need only their iPhone camera to deposit their dough. Either way, it looks like plenty of smartphone users won't have to wait in line at the bank ever again.
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Comments
7
Subscribe to commentsbeardofdoomOct 6th 2010 12:06PM
Square doesn't require anything to purchase... The card swiper that's required to swipe cards is FREE when you sign up for a merchant account. You just gotta wait for it to ship; mine took about 5mos, but now they have their underwriting all squared away (pun not intended).
placedordersOct 6th 2010 3:40PM
Isn't the article talking about checks. Card swiper for checks?????
auntbOct 6th 2010 2:37PM
does t-mobil have a phone/app that would work for this?
gramorrison123Oct 6th 2010 5:06PM
It want work, please dont use this app, it will only bring you hard ach
joseph bodnarOct 6th 2010 6:11PM
IT OCCURRED 2 ME THAT IF U WANT U CAN HAVE ANY CO. SEND UR CK DIRECTLY 2 THE BANK U JUST NEED UR ROUTE NO. THATS 2 THE LEFT AT THE BOTTOM OF CHECK AND UR ACCOUNT NO. AT THE BANK U WANT IT SENT ,GOV AGENCIES DO THIS ALSO ,I GUESS THIS NEW FEATURE IS GOOD 4 PERSONAL CHECKS 2 HMMMM OTHERWISE NOTHING IS NEW HERE
pettyhughesOct 6th 2010 8:30PM
Come on people. This is going to put a few more people out of work!!!!!
CVestorOct 6th 2010 6:22PM
WHo stands inline at a bank Mail service or outside tellers work just fine for me. And what kinda documnetation do you have zippppppppp. Give me a piece of paper anyday & it keeps everybody on the honest side. Thaks but no thanks WOrk way to hard to have money lost in this age.