PayPal announced that their PayPal Check Capture service, via the iOS app, has received more than $100,000 of checks in just the first 36 hours. PayPal’s Check Capture service came to the iPhone via a PayPal app update the other day. This service allows you to take a picture of the front and back of a check you want to deposit into your PayPal account and it will deposit it for you. This new service for iPhone and iPod touch users is free, but PayPal takes a whole six days to process these mobile deposits.
iPhone 2.7 with mobile check capture, comes just 6 weeks after our last update (iPhone 2.5 that delivered an easy way to donate direct from your phone).