A smart drop box, system, and method for providing item deposit verification. A smart drop box includes an item receptacle, a processor in communication with the item receptacle, and a user interface in communication with the processor. The item receptacle is configured to receive an item from a user, determine item information related to the item, and transfer the item to a collection container. The processor is configured to determine payment information based at least in part on the item information. The smart drop box is configured to provide deposit verification based at least in part on at least one of the item information and the payment information. In some embodiments, the deposit verification includes a printed receipt and/or an electronic notification.