Over $100K deposited via PayPal Check Capture in first 36 hours
PayPal today announced that in first 36 hours their PayPal Check Capture service for iPhone and iPod touch, via the iOS app, has deposited over $100,000 worth of checks. PayPal’s Check Capture service allows you to take a picture of the front and back of a check to deposit into your PayPal account this check. This service is free, but PayPal takes a whole six days to process such deposits.