Just like the iPhone PayPal app, and just like the Chase app, PayPal on Android now allows cheque deposits via photo upload. Apparently, a million dollars per month is transferred using this method on the iPhone app. [MobileCrunch]
Facts! Don’t you love them? Especially when they’re as heart-warming as this one. Turns out our Joel wasn’t alone in depositing a cheque via a phone app this week, as over $US100,000 worth of cheques were banked in just 36 hours after the app update. [PayPal via MobileEnt]
US bank Chase has been letting its customers deposit cheques via iPhones for months now, but from today, millions of PayPal users will never have to go to the bank again. Well, other than to steal pens or use their toilet.
You can already do a lot with PayPal on your phone: pay for Android apps, bump handsets to send money. And according to PayPal exec Laura Chambers, you’ll soon – this week soon – be able to take a picture of the front and back of a cheque and deposit it into your account. Only iPhone was mentioned; it’s not clear if Android devices will get the same functionality right away.
NCR is now allowing customers to deposit checks anywhere they get reception on their data-enabled mobile phones.
