Deposit checks using your iphone camera - GoFuckYourself.com

SmokeyTheBear · 10-07-2010, 11:37 PM

http://news.yahoo.com/s/ap/20101008/..._check_scanner

PayPal has added a feature to its free iPhone application that lets users deposit checks into their PayPal accounts by taking a picture of them.

The online payment service owned by eBay Inc. launched the feature this week.

It lets you deposit a check by snapping a photo of its front and back with an iPhone. Once the funds show up in your PayPal account balance, they can be spent or transferred to a bank account.

PayPal recommends keeping the check for 15 days, just in case it doesn't clear properly.

Osama Bedier, Paypal's vice president of platform, mobile and new ventures, said the feature cleared $100,000 worth of checks in the first 36 hours it was available.

Jarmusch · 10-07-2010, 11:52 PM

Interesting, I wonder if checks in USD can be deposited to PayPal accounts outside the US

beta-tester · 10-07-2010, 11:52 PM

Wow, that's some great news

I wish the other banks do that too!

Argos88 · 10-07-2010, 11:59 PM

amazing..

but.. only available for US accounts, right?

.

JustDaveXxx · 10-08-2010, 12:01 AM

That will be standard for every bank and every smartphone with a camera with in the next year.

Technology is jumping leaps and bounds everyday.

core_dump · 10-08-2010, 12:08 AM

Very handy, but I have to ask:

Is there some reason one needs a toy camera to do this? Why can you not upload an image to PayPal's site? Seems people (companies) lately are trying way too hard to find uses for things which otherwise serve little purpose.

Dropping a stack of checks onto a scanner would be nice, yeah?

JFK · 10-08-2010, 12:09 AM

Fucking A , great feature

SmokeyTheBear · 10-08-2010, 12:13 AM

Quote:

Originally Posted by core_dump

Very handy, but I have to ask:

Is there some reason one needs a toy camera to do this? Why can you not upload an image to PayPal's site? Seems people (companies) lately are trying way too hard to find uses for things which otherwise serve little purpose.

Dropping a stack of checks onto a scanner would be nice, yeah?

theres no cross-promotion going on doing it that way silly.

scouser · 10-08-2010, 12:31 AM

Quote:

Originally Posted by Jarmusch

Interesting, I wonder if checks in USD can be deposited to PayPal accounts outside the US

^^ this... i kind of doubt it though

Horny Dude · 10-08-2010, 12:54 AM

Quote:

Originally Posted by beta-tester

Wow, that's some great news

I wish the other banks do that too!

I know Chase does. Seen them advertising it all the time.

Hentaikid · 10-08-2010, 04:10 AM

This would come in handy as long as it's not tied to stupid iphones

gmr324 · 10-08-2010, 05:23 AM

very cool time saving feature

scuba steve · 10-08-2010, 07:10 AM

Quote:

Originally Posted by Horny Dude

I know Chase does. Seen them advertising it all the time.

they do, works great. i use it all the time. i haven't been to a bank in literally 6 months

seeandsee · 10-08-2010, 07:17 AM

jesus, they are 100 yrs a head europe

CIVMatt · 10-08-2010, 07:30 AM

And paypal is going to take HOW much %?! Fuck that I'd rather do the same thing with chase bank and keep my money

Wizzo · 10-08-2010, 08:00 AM

Chase has had that for awhile now.

sexdatesj · 10-08-2010, 08:04 AM

thats crazy, but i like it

Lonny · 10-08-2010, 08:14 AM

Chase also allows you to deposit cash and checks in to the ATM now with no deposit slips or talking with anyone at the teller. Im usually in and out within 5 minuets or less

ottopottomouse · 10-08-2010, 08:34 AM

Quote:

Originally Posted by Jarmusch

Interesting, I wonder if checks in USD can be deposited to PayPal accounts outside the US

Wondering this too.

God knows what the fees will be though.

Probono · 10-08-2010, 09:25 AM

Chase provides the same service now. You can make a deposit from anyplace in the world, instantly. I do it.

Vendzilla · 10-08-2010, 09:47 AM

I figured it came with the new atm's at Chase that I think rock, they can even read a hand written check sometimes

Stephen · 10-08-2010, 09:48 AM

It's cool technology. I just shipped one of my cars cross-country. Truck driver wanted a cashiers check on delivery. I give it to him, he snaps pic with iPhone, moment later, his balance reflects the desposit. I was impressed.

As a side note, iPhone can also be used as a virtual terminal with your own merchant acct. -- a serious billing tool for some apps.

10-07-2010, 11:37 PM	#1
SmokeyTheBear ►SouthOfHeaven Join Date: Jun 2004 Location: PlanetEarth MyBoardRank: GerbilMaster My-Penis-Size: extralarge MyWeapon: Computer Posts: 28,609	Deposit checks using your iphone camera http://news.yahoo.com/s/ap/20101008/..._check_scanner PayPal has added a feature to its free iPhone application that lets users deposit checks into their PayPal accounts by taking a picture of them. The online payment service owned by eBay Inc. launched the feature this week. It lets you deposit a check by snapping a photo of its front and back with an iPhone. Once the funds show up in your PayPal account balance, they can be spent or transferred to a bank account. PayPal recommends keeping the check for 15 days, just in case it doesn't clear properly. Osama Bedier, Paypal's vice president of platform, mobile and new ventures, said the feature cleared $100,000 worth of checks in the first 36 hours it was available. __________________ hatisblack at yahoo.com

10-07-2010, 11:52 PM	#3
beta-tester Rock 'n Roll Baby! Join Date: Sep 2004 Location: USA, temporarly Posts: 22,562	Wow, that's some great news I wish the other banks do that too! __________________ Sig for sale. Affordable prices. Contact me and get a great deal ;) My contact: ICQ: 944-320-46 e-mail: manca {AT} HotFreeSex4All.com

10-08-2010, 12:01 AM	#5
JustDaveXxx I AM JUSTDAVE ! Industry Role: Join Date: Feb 2005 Location: LA Posts: 4,111	That will be standard for every bank and every smartphone with a camera with in the next year. Technology is jumping leaps and bounds everyday. __________________ Smut Peddler Productions.com ICQ #378-696-435 / / Skype: JustDaveXxx "We shoot custom, exclusive content your way"

10-08-2010, 12:09 AM	#7
JFK FUBAR the ORIGINATOR Industry Role: Join Date: Jan 2002 Location: FUBARLAND Posts: 67,374	Fucking A , great feature __________________ FUBAR Webmasters - The FUBAR Times - FUBAR Webmasters Mobile - FUBARTV.XXX For promo opps contact jfk at fubarwebmasters dot com

10-08-2010, 07:17 AM	#14
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	jesus, they are 100 yrs a head europe __________________ BUY MY SIG - 50$/Year Contact here

10-07-2010, 11:52 PM	#2
Jarmusch Industry Role: Join Date: May 2003 Posts: 12,464	Interesting, I wonder if checks in USD can be deposited to PayPal accounts outside the US

10-07-2010, 11:59 PM	#4
Argos88 So Fucking Banned Industry Role: Join Date: Sep 2009 Posts: 1,732	amazing.. but.. only available for US accounts, right? .

10-08-2010, 12:08 AM	#6
core_dump Confirmed User Industry Role: Join Date: Mar 2005 Posts: 102	Very handy, but I have to ask: Is there some reason one needs a toy camera to do this? Why can you not upload an image to PayPal's site? Seems people (companies) lately are trying way too hard to find uses for things which otherwise serve little purpose. Dropping a stack of checks onto a scanner would be nice, yeah?

10-08-2010, 04:10 AM	#11
Hentaikid Confirmed User Join Date: Nov 2002 Posts: 1,249	This would come in handy as long as it's not tied to stupid iphones

10-08-2010, 05:23 AM	#12
gmr324 Confirmed User Industry Role: Join Date: Aug 2006 Posts: 1,199	very cool time saving feature

10-08-2010, 07:30 AM	#15
CIVMatt Amateur Pimpin Industry Role: Join Date: Aug 2004 Location: Orlando, FL Posts: 13,075	And paypal is going to take HOW much %?! Fuck that I'd rather do the same thing with chase bank and keep my money __________________ Make easy money with Webcams

10-08-2010, 08:00 AM	#16
Wizzo 2011 GFY Hall of Fame! Industry Role: Join Date: Nov 2000 Location: Back in Texas! Posts: 15,224	Chase has had that for awhile now. __________________ Looking for Opportunity!

10-08-2010, 08:04 AM	#17
sexdatesj Confirmed User Join Date: Jun 2009 Posts: 1,078	thats crazy, but i like it __________________ http://www.SexDateCash.com up to $90 Per Signup ~ WE USE NATS ~ 18 Niche Dating Sites!

10-08-2010, 08:14 AM	#18
Lonny Confirmed User Join Date: Jun 2003 Location: Riverside Ca. Posts: 3,539	Chase also allows you to deposit cash and checks in to the ATM now with no deposit slips or talking with anyone at the teller. Im usually in and out within 5 minuets or less __________________ crakrevenue

10-08-2010, 09:25 AM	#20
Probono Confirmed User Join Date: Oct 2002 Location: Under the Rainbow Posts: 2,731	Chase provides the same service now. You can make a deposit from anyplace in the world, instantly. I do it.

10-08-2010, 09:47 AM	#21
Vendzilla Biker Gnome Industry Role: Join Date: Mar 2004 Location: cell#324 Posts: 23,200	I figured it came with the new atm's at Chase that I think rock, they can even read a hand written check sometimes __________________ Webair died? Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants think about that

10-08-2010, 09:48 AM	#22
Stephen Consigliere Industry Role: Join Date: Feb 2003 Posts: 1,771	It's cool technology. I just shipped one of my cars cross-country. Truck driver wanted a cashiers check on delivery. I give it to him, he snaps pic with iPhone, moment later, his balance reflects the desposit. I was impressed. As a side note, iPhone can also be used as a virtual terminal with your own merchant acct. -- a serious billing tool for some apps.