Deposit checks via your iPhone

aaronIf you are an iPhone user, you can now deposit checks simply by taking a picture of them! Using PayPal’s free iPhone app, a user simply snaps a photo of the front and back side of the check. Once deposited into your account, the funds can be spent or moved to a checking or savings account.

The feature was rolled out this week, and already $100,000 worth of deposits have been made, according to PayPal.

Great news for those wishing to save a few extra minutes running to the bank!

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