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]
In events similar to those that inspired the Steven Speilberg film Catch Me If You Can, Phillip John Heggie wasn’t your typical year 12 student. While most people his age might have been content to earn money the hard way by packing shelves at Woollies, Heggie had bigger plans. The type of plans worth $2million.
An Australian company might have come up with the next big idea in paying for things: with SMS. Okay, I’m kidding – the idea isn’t necessarily new per se, but getting people to used to this kind of payment service in Australia could prove quite the challenge.
The time it takes to go from wanting something to signing into PayPal and buying it might be just enough for you to change your mind. Which is why PayPal just cut out that step, allowing in-app and in-site buys.
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.