Another innovative feature from PayPal. This is free. Deposit a check just by taking a photo of it with your iPhone camera.
I tried it and it took 7 days for the check to clear. Not exactly warp speed so I hope that will improve over time. But still feels “futuristic”.
Simple to do:
- Launch the PayPal app, click Tools, and choose Add Money From Checks.
- View your previous check status or click Capture New Check.
- Take a picture of both sides—make sure all the information is clear.
- Set the amount of your check and click Process Check.
via PayPal iPhone app now lets you add money to your account for free.
