PayPal adds Mobile Check Capture | iLounge News

2014 iPad iPhone iPod Buyers' Guide from iLounge.com

News

PayPal adds Mobile Check Capture

Author's pic

By Jesse Hollington

Social Media & Software Editor, iLounge
Published: Wednesday, October 6, 2010
News Categories: iPhone, Apps + Games

PayPal has released an update to its PayPal Mobile app for the iPhone adding a new Mobile Check Capture feature. With the new PayPal app, iPhone users in the U.S. can now deposit cheques into their PayPal account simply by taking a photograph of the check with the iPhone camera. Once the user has photographed the cheque their PayPal balance is updated immediately and they are required to hold onto the cheque for fifteen days after which they can simply throw it away. Mobile Check Capture requires an iPhone or fourth-generation iPod touch and is available only in the U.S. at this time. The updated PayPal application also includes new search and filter options for transaction history, making it easier to find past transactions. PayPal 2.7 is available from the App Store as a free download.

« Survey: One third of teens to buy iPhone within 6 months

Target doing poor job of selling the iPad? »

Related Stories

Comments

1

Cool feature. It’s funny how my bank (a large well known bank entity, mind you) hasn’t even adopted this feature in their own app yet. Wonder how reliable it is. And how much Paypal charges you to process a photographed check.

Posted by Eric on October 6, 2010 at 10:08 AM (PDT)

If you have a comment, news tip, advertising inquiry, or coverage request, a question about iPods/iPhones/iPad or accessories, or if you sell or market iPod/iPhone/iPad products or services, read iLounge's Comments + Questions policies before posting, and fully identify yourself if you do. We will delete comments containing advertising, astroturfing, trolling, personal attacks, offensive language, or other objectionable content, then ban and/or publicly identify violators.

Commenting is not available in this section entry.

Email:

Recent News

Recent Reviews

Recent Articles

Shop for Accessories: Cases, speakers, chargers, etc.