Banking giant Chase has updated its iPhone application [iTunes link] 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.
- Posted using BlogPress from my iPhone
