From: | lomion lomion@*********.escnd1.sdca.home.com |
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Subject: | Order Stuff (Re: SR Future Products and Such) |
Date: | Tue, 07 Sep 1999 17:51:10 -0700 |
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>At 05:40 PM 9/7/99 -0700, Penta wrote:
>:Money orders these days are largely done with credit cards, too, at
>:least from what I've seen.
>
>I'd love to know who's issuing money orders from credit card, because
>I was under the strong impression that that's something that's Just
>Not Done in the money order industry.
Many CC companies have checks you can write out drawn off your CC. Maybe
that's what is being refferred to?
>Every single establishment that I've seen that issues money orders
>absolutely refuse to take payment by check or credit card. They only
>issue a money order if you give them payment in cash, though some
>places do accept direct electronic transfer by Automatic Teller Debit
>Card. They will not accept check or credit card because those are a
>higher risk for fraud.
True US post office charges 85 cents for a money order, limit is $700.00 US
per money order.
Also many banks will be able to cut either a Cashier's check or a Bank
Draft for x amount, they need to know who it is to and you have to goto the
bank and get it from a teller tho.