The Future of... Check Deposits

Cash, check or charge? For small business owners, checks may be the least preferred method of payment, since cashing them requires a trip to the bank. But mobile banking technology could put an end to those time-consuming bank branch visits. BNET correspondent Sumi Das explains how Texas-based USAA bank has developed Deposit@Mobile, an application that allows customers to make deposits using an iPhone.

Category:

Education

Tags:

• Bank
• Mobile Banking
• Financial Services
• Mobile Applications
• Wireless And Mobility
• Finance
• Mobile
• SmartPlanet
• USAA

[Op3raGho5t]

@Boriqu84: Are you retarded? If you are some deadbeat who can't pay their bills why would you be given access to a service like Deposit@Home that would allow some deadbeat to defraud USAA for thousands of dollars? Although the money from the check is available to spend instantly, there is a couple days of lag time before USAA even knows whether the check will bounce or not.

They are giving you credit, stupid. And there is a reason YOU can't get it. Try paying your bills for once.

[boriqu84]

Although this is awesome and convenient they fail to say that in order to use this service one has to have not only a checking or savins account but also have a loan or insurance or a credit card w them. Huh? Why is this not available to ALL savings and or checking acc holders? Ridiculous!

[aradiaschild2004]

thats fucking awsome!

[calorus]

Android Version is Up.