Chase has been doing this for months and other banks have been doing it for years but Paypal will soon accept checks via iPhone (and iPod touch?) camera.

Chambers said that this new app will allow you to take a picture of the front and back of a check with your iPhone camera, and it will be added to your PayPal balance.

The Square iPhone app is taking a bigger step by eliminating the check altogether but you’ll need to purchase a little piece of hardware for that.  Paypal only needs your iPhone camera.

This is helping grease the wheels of the economy people!

Updated Paypal app will be here in the next few days.

FTC: We use income earning auto affiliate links. More.


Check out 9to5Mac on YouTube for more Apple news:

You’re reading 9to5Mac — experts who break news about Apple and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Mac on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel

About the Author

Seth Weintraub's favorite gear