postal money orders
Prepaid mail checks
Postal money orders are prepaid payment instruments issued by a post office, functioning like checks but guaranteed by the postal service.
They're used when personal checks aren't accepted or when the buyer lacks a bank account.
The purchaser pays the face amount plus a fee, and the recipient cashes or deposits it: She sent a postal money order to pay the utility bill.
Considered more secure than cash for mailing payments.
- remitSend money owed
- paymentFulfilling a financial obligation
- transferMove between locations
- formShape or document
- hologram3D image from light
security features · slip · watermark · beneficiary · issuer · paper · funds · fraud detection · fee · transaction · checks · post office · financial · counterfeit · stamp · expiration date · filling out · serial number
postal money orderspersonal checks
Written payment orders
bounced checks · IOUs · bad checks · debit cards · promissory notes
postal money orderscryptocurrency
Encrypted decentralized money
Bitcoin · electronic funds transfer · wire transfers · digital payments · Venmo
postal money orderscash
Ready spending funds
currency · hard currency · coins · banknotes · legal tender
postal, money, orders, order, moneyed, moneys, monies, posted, posting