Money Order Payment
type: Class
preferred label: Cashier’s Check Payment
alternative label: Postal Money Order
subclass of: R8V9Ma3IrggNq0pxeXl8Re5
definition: Money Order Payment involves the use of a money order, a pre-funded paper document resembling a check, to transfer funds between parties. Money orders are typically issued by financial institutions, post offices, or retail stores and offer a secure method of payment.