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Paypal is about to release a new version of its iPhone application that will allow users to deposit checks simply by taking his picture.
It's a great idea and super practical. Just take a photo of the front and back of a check with your iPhone's camera and it will be added to your PayPal account. The new version of the Paypal app will appear in the coming days, revealed PayPal's Laura Chambers on Wednesday. the TechCrunch Disrupt Conference in San Francisco.
The deposit of checks by mobile phone camera has already been set up by two banks. USAA Bank was the first to launch mobile deposit capacity, followed by Chase. Citibank and Bank of America have similar systems in preparation.
Via Techcrunch.
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