what are money orders?

Question

im trying to buy smething onlineee
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Answer 1

Money Orders are like a check that you pay someone else to write... Example, I need a $25.00 money order from Western Union, I'll pay Kroger $25.00 for the check, and $3.00 for having them write the check. The main reason people want money orders is that it's guaranteed money, unlike a personal check which could bounce. BE VERY VERY CAREFUL buying stuff online with a money order, it's very easy to get ripped off that way.

Answer 2

They are kind of a cross between a check and cash. You can buy them at the post office, Westen Union, and many other locations. The person who sends the money order determines the amount and makes it payable to a certain person or business. The person or business receiving the money order can then cash it. Since it is paid by cash, it cannot be returned like a regular check, so the person receiving it knows that they are getting money.

Answer 3

A money order is a check issued by a bank, or grocery store customer service counter, currency exchange, etc. on your behalf. It's good if you don't have a checking account and don't want to send cash through the mail. It's also good if someone doesn't know you and won't take your personal check.

Answer 4

A money order is a check issued by an organization such as the Postal Service or sold by third parties such as grocery stores, convenience stores, or banks and other financial services companies, to allow individuals to make payments to each other or to pay bills such as utilities and rent.