There may be no jet packs yet, but we are very much living in the future. Proof enough of that is PayPal's latest addition to its iPhone app, which brings with it the capability to snap a photo of a check and have it be deposited to your PayPal account free of charge.

Sure, this is something that customers of Chase and USAA have been able to do with each company's respective iPhone applications for months now, but this is PayPal. Why is that important? It means if you've connected your PayPal account to another bank that does not offer such a feature, you can use PayPal as the go-between.

Of course PayPal has limits of how much you can transfer from your account each month, but you can have that lifted if you do things like confirm your Social Security number and debit card.

More: http://news.cnet.com/8301-27076_3-20018826-248.html