Quote:
Originally Posted by bbsports
1) Postal money order are insured by the government and your 100% covered for any fraud by the seller. They even have their own lawyers. 2)Postal money orders clear the next day once payment is received.
|
1) Have you ever filed a claim and received your money back? I personally know many people that have been defrauded out of thousands of dollars with USPS Money Orders. USPS was little to no help at all. If the guy that cashes it was the recipient the USPS is done.
2) This is completely false.
The value of USPS Money orders in the past was that they could be cashed at a PO counter for cash. Show up with package and MO, cash the MO and ship the package and at the same time generate a transaction receipt with a tracking number. That is no longer the case as the USPS rarely has cash in their drawers.
Sending a USPS MO to an unknown individual was and always will be just as dangerous as any other form of payment.
YMMV