{"id":4320,"date":"2022-04-30T14:00:29","date_gmt":"2022-04-30T17:00:29","guid":{"rendered":"https:\/\/eragoncred.com\/?p=4320"},"modified":"2022-04-29T18:37:50","modified_gmt":"2022-04-29T21:37:50","slug":"how-do-payment-orders-work","status":"publish","type":"post","link":"https:\/\/eragoncred.com\/ar_kw\/how-do-payment-orders-work\/","title":{"rendered":"How do payment orders work?"},"content":{"rendered":"

Money orders are a safe form of payment that can be used as an alternative to checks or cash. These paper documents provide guaranteed funds, but unlike checks, they are prepaid and not tied to a bank account.<\/p>\n

How money orders work<\/h2>\n

Several different types of institutions issue money orders, including post offices and grocery stores. Consumers buy money orders by paying the issuer the amount they intend to send plus a fee.<\/p>\n

Generally, money orders can be purchased for any amount, up to the specified quantity. For example, using the Post Office, you can send up to $1,000 anywhere in the United States with one money order.<\/p>\n

When purchasing a money order, the sender receives a paper document, similar to a check, showing the payment amount. The document requires the sender to fill in some information, including:<\/p>\n