PayPal lets people deposit checks using iPhones

October 8, 2010
Apple CEO Steve Jobs demonstrates the new iPhone 4 as he delivers the opening keynote address at the 2010 Apple World Wide Developers conference June 2010 in San Francisco, California. A PayPal application that lets people deposit checks by scanning them with cameras built into iPhones was considered a budding success on Friday.

A PayPal application that lets people deposit checks by scanning them with cameras built into iPhones was considered a budding success on Friday.

More than 100,000 dollars worth of checks were handled by a Mobile Check Capture feature in the 36 hours after it was added Wednesday to a PayPal application for Apple's popular smartphones.

"There must have been a lot of people with checks waiting for the new PayPal mobile check capture to come out," PayPal Mobile senior director Laura Chambers quipped in a blog post.

"We knew that this would be popular but we had no idea just how much pent up demand there was for a quick, easy way to deal with checks."

The service, powered by BankServ, enables people to deposit money into PayPal accounts by using iPhone cameras to take pictures of checks made out to them.

Mobile Check Capture is one of the new features added to the recently released iPhone 2.7 application available online at or at the iTunes website run by Apple.

PayPal is a major Internet financial transactions service owned by online auction powerhouse eBay.

Explore further: EBay CEO envisions PayPal in more offline settings

Related Stories

EBay CEO envisions PayPal in more offline settings

May 12, 2010

(AP) -- The waiter asks: "Will you be paying by cash, credit or PayPal?" The man in charge of PayPal's parent company says you shouldn't be surprised to hear that question within a year.

A growing PayPal could soon overshadow parent eBay

November 4, 2009

(AP) -- Most people know eBay Inc. for its online marketplace, where deals abound on everything from gadgets to antique furniture. But soon, eBay's biggest business will likely be PayPal, the online payments service that ...

Recommended for you

Microsoft aims at Apple with high-end PCs, 3D software

October 26, 2016

Microsoft launched a new consumer offensive Wednesday, unveiling a high-end computer that challenges the Apple iMac along with an updated Windows operating system that showcases three-dimensional content and "mixed reality."

Making it easier to collaborate on code

October 26, 2016

Git is an open-source system with a polarizing reputation among programmers. It's a powerful tool to help developers track changes to code, but many view it as prohibitively difficult to use.

Dutch unveil giant vacuum to clean outside air

October 25, 2016

Dutch inventors Tuesday unveiled what they called the world's first giant outside air vacuum cleaner—a large purifying system intended to filter out toxic tiny particles from the atmosphere surrounding the machine.

1 comment

Adjust slider to filter visible comments by rank

Display comments: newest first

not rated yet Oct 09, 2010
Haven't used paper checks in many years myself but I never-the-less find the concept pretty useful.

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.