Why Would Someone Use A Money Order Instead Of A Check?
You can use money orders in instances where you may not want to use a personal check, which includes personal information like address, T/R number and account number. Money orders work opposite of checks – you exchange money (typically cash) for a piece of paper that represents that specific amount of money.
Can a money order be used instead of a check?
Money Order: An Overview. If you need to pay someone and don't want to use cash or write a personal check, you can use a money order or cashier's check instead.
Cashier's Check vs. Money Order: Key Differences - Investopedia
Which is safer money order or personal check?
Like a check, money orders are written directly to individuals or companies by name, requiring endorsement and identification to cash them. This makes money orders much more secure than cash, protecting the funds in case of loss or theft.
Money Orders Are a Safe Alternative to Cash or Checks
Why would you use a money order instead of cash?
A money order is a safe alternative to cash or a personal check; it works like a check so you can cash it or deposit it into a bank account. When using cash or personal checks put you at risk, or they aren't accepted for payment, you can use a money order instead.
How Money Orders Work: What You Should Know - NerdWallet