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Over $100,000 Deposited in First 36 Hours via PayPal’s New Add Money from Checks (PayPal Check Capture) Feature

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).


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