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PayPal Updates Its Android App with Check Deposit Feature

Mercator Advisory Group by Mercator Advisory Group
June 6, 2011
in Analysts Coverage
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PayPal is an innovator in mobile ways to pay. To move its Android app toward functional parity with its iPhone equivalent, PayPal has updated its Android app to include the ability to take a picture of a paper check and deposit that check into your PayPal account. You can then spend the funds from there or move them into your bank account.

For a transaction based business, it’s all about making it as easy as possible for customers to make transactions convenient. Everywhere. The PayPal app for Android expands its transaction acquiring reach. And that’s what it’s all about.

From the PayPal Mobile blog:

From a personal perspective I love the check transfer feature, I use an online-only bank and until this feature was added my only option was to mail checks. Now I snap a picture and add them directly to PayPal. I can leave the balance in my PayPal account or withdraw it to my bank.

The other new feature I’d like to highlight is support for “Move to SD card” on devices running Android 2.2+. I spend a lot of time reading through our app reviews and want you to know we’re not just working on our own wish list, but on yours as well. We’re listening to all of your comments and are always working to get all iPhone features added to Android, along with some top-secret Android-only features, bug fixes, top customer requests and more.

Click here to read more.

Tags: Mobile Payments
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