PayPal is one of the most popular services around the world and reports shows that attract 1 million new users every month. PayPal is now even more user-friendly for all iPhone owners who have presented their cheque deposit app via photos to Apple's App Store for approval. Approval expected for you as soon as tomorrow and app might make an appearance in a few days for you to download.
App users will take pictures of the front and back of their controls with his iPhone to deposit money into accounts PayPal. usually takes around three to four days for the funds to appear in your account, PayPal recommends that users should keep their checks in at least 2 weeks before they tear or throw them away.
The service is not new as more u.s. banks offer this possibility, such as JP Morgan Chase but PayPal has a much wider scope than any bank in the world and with the iPhone has become popular worldwide in major markets like China, this service is sure to see a large user base.
The app is also a few bug fixes and improvements were reported in the older version but the biggest change is of course check box deposit facility; PayPal is also expected to introduce another great update to the app on their Innovate Developer Conference next month.
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