Is this really convenience or laziness? And what ever happened to direct deposit?
Chase Customers Can Now Deposit Checks via iPhone by Mashable.com
Banking giant Chase has updated its iPhone application to include Quick Deposit, a feature that lets users deposit checks from their iPhones.
Using Chase Mobile, bankers can now select an account, enter the amount of the check, and snap a photo of the front and back of the check to initiate a deposit.
The feature mirrors the functionality of USAA Deposit Mobile, another iPhone app that supports mobile deposits.
In addition to mobile check deposits, Chase has added Person-to-Person QuickPay to the app to support payments to anyone, so long as you have their e-mail address.
For now, there are some limitations regarding deposit amounts, with customers only being able to deposit $1,000 per day and $3,000 per week using the application. Still, mobile deposits are quite convenient for quickly depositing personal checks without having to make a trip to the bank. Here’s hoping that more banks will follow suit.