Wednesday, July 14, 2010

When I order something online and it asks for a Money Order, is that cash?

or is it something else?

When I order something online and it asks for a Money Order, is that cash?
No. Go to the post office and ask for a money order.





http://www.usps.com/money/sendingmoney/m...





Using cash is not safe. You can ask the seller if they will accept cash, but there is no guarantee that it will get there.
Reply:Money orders are verified form of cash. It makes sure that what you are getting is going to be there when you cash it. It verifies that the person does actually have that amount in cash or in the bank account. It is limited to $1,000. Then you use a cashier's check for any amount greater than $1,000. But be careful b/c there are many money order frauds out there!
Reply:It is something like a counter check at a bank. You pay a fee, give the money to a third party to cover the check and they draft the check to the company you wish to pay. Then you just mail it like any other check. It is more secure for the company you are buying from than a personal check.
Reply:It is like a third party check, so you go to the bank or the post office or western Union and convert cash into the money order.





THEY go to their bank to cash/deposit it
Reply:In a way.. you take the CASH into a convenience store and BUY a Money Order WITH the cash.
Reply:You can buy a money order at the post office or a bank. It allows you to send money through the mail without sending a check with your bank account number on it. The money order will be addressed to the person/company you want to send the money to, so even if it fell into the wrong hands, they couldn't cash it.





It's a very safe way to send money by mail. It's illegal - and very risky - to send cash by mail. If someone steals it, it's gone and you have no proof you sent the cash. You'll still be on the hook for the bill you were intending to pay.
Reply:A money order is something that you can buy. You give them the money for the item you want to buy and they will give you the money order. It can be used as cash. I get mine at the Post Office or WalMart. You will have to pay a small fee for the money order.
Reply:A money oreder is just that. It is kind of like a check that you can purchase anywhere. However, there will be a surcharge from most places. My bank does not charge me for them. You will have to pay cash for the money order, though. i believe it is illegal to take a credit card for a money order. Also, there may be limits on the amount of the money order, due to anti-terrorism laws. So, if the amount is over say $300, you may have to purchase more than one.
Reply:LOL...no it's not hard cash it's basically a piece of paper much like a check but better because it ensures that the money being sent in paper form is 100% guaranteed.
Reply:A money order is a piece of paper you send to the business that represents money.





Basically, a money order can run anywhere from $1 to $3 plus the amount you want it to be worth.





You can get them at gas stations and banks.





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Reply:Yes its t the bought a the check cashing store...


Good as cash~ It will usually cost you a 1.00 or so...
Reply:A money order is a payment order for a pre-specified amount of money. It is a more trusted method of payment than a personal check, because it is required that the funds be prepaid for the amount shown on it. Merchants may welcome the extra security of a pre-paid money order instead of a personal check, which can bounce.





you can get one from the United States Postal Service, grocery stores, and convenience stores.
Reply:One buys money orders with cash. They can be purchased at liquor stores, markets, the Post Office, Wal-mart etcetera. Money orders are as good as cash since they have already been paid for in cash.
Reply:It's not cash. It's like cash though. You get money orders at banks, grocery stores, etc. Go to the teller and ask for a money order. You then give them the cash, fill out the money order information, and then mail the money order to the person. It's sort of like a check, but the person who gets it doesn't have to wait for the check to clear, because you used cash to pay for it.
Reply:sort of...you go to the store with cash and ask for a money order in the amt you need. They will charge you $.50-$1.50 for the money order (so take extra) and you fill out the name of the person you're sending it to. (it comes in 3 parts, one for you, one for the person you're sending it to and one for the store) that way you all have a record of the transaction.
Reply:No, a money order is not cash. A money order looks like a check and is able to be turned into cash by the recipient.





You can purchase a money order for cash at many convenience stores or the US Post Office.
Reply:No, a money order is basically like a check which is payable on demand to the bearer, usually guaranteed by a large financial company such as Western Union, or perhaps a local bank.





You can usually get one at a convenience store such as 7-11, Circle K, Loves or other store for a nominal fee. (Usually less than $1.00.)
Reply:It is "Like" cash, but not quite. It cant be spent like cash, so is less valuable to mail thieves. Usually places that you would order from will not accept cash... well at least they SAY they wont accept it. Its likely though that some may anyway. Just buy the money order... can get them from any drug store and most party stores for 50 cents to $1
Reply:a money order is something you get to protect ppl from stealing cash through the mail


it is better than sending cash...


you can get them at banks and stuff....


you give them the money and an extra fee... then you tell them wear you are sending it...


and if anyone else gets it they cannot cash it...
Reply:money order is a check or credit card info thingy that u send whoeva i think


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