USAA Bank, a privately held financial institution who serves primarily military personnel and their families, announced last week that it will start offering a free iPhone application that will allow its members to make check deposits through the phone.
To use the feature, a costumer will have to take a picture of both sides of the check with the phone camera and then send the image to the bank check processing center. From there, the deposit will be processed electronically without the customer having to mail in the physical check, which can just be discarded. But for now, the service will be limited to customers with some type of credit and insured through USAA.
For more, see NYTimes.com
Thursday, August 13, 2009
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1 comment:
Wow!Check deposit by i phone. Thanks a lot for this post.The method of ordering checks has never been this fun, fast, and easy! Act now and begin and ordering low cost checks now!
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