The money can be exchanged for a money order at the machines of several post offices.
A money order machine is a computerized device used to print money orders for issuance to customers. The United States Postal Service (USPS) issues unique money orders that are publicly available for purchase. Money order machines can also be found at other authorized vendor locations, including certain grocery stores, check cashing chains, and a variety of other retail establishments.
Like bank checks, money orders are printed on specially designed paper that is pre-printed with unique serial numbers and other pertinent identification and security information. Inserting this paper into the machine creates money orders with a precise denomination as requested by the buyer, as well as a space for the buyer’s information and who the voucher will be paid to. The dealer also prints a receipt that is attached to the money order, which must be retained by the purchaser.
Whether a money order is created with USPS equipment or with another authorized vendor’s machine, all money orders have unique features that are strategically placed on the withdrawal. For example, all legitimate money orders have a unique watermark that can only be seen by holding it up to a bright light. Other security features include colored ink and threads that are barely visible but are embedded in the paper the receipt is printed on.
Money order machines are operated by an employee where the machine is located. When a customer approaches the sales counter to make a purchase, the clerk manually enters the requested denomination into the machine and prints a payment order for the customer. For added security, most machines also require an employee password.
However, some authorized providers offer a more modern machine. New technology now allows customers to purchase money orders at a self-service kiosk. Similar to a bank ATM, a modern money order machine allows customers to insert cash or a bank card into a machine to pay the requested amount of the money order which can then be printed and dispensed by the machine without the need for payment. of the employee’s help.
While an old money order machine is of little use for its intended purpose, many people collect them simply out of nostalgia. They are sometimes sold at live auctions, on auction sites, and can sometimes be purchased directly from antique dealers. Most are wireless devices that work with manual printing techniques, which are no longer used today.