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 Replies: 16 / Views: 3,209 |
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Pillar of the Community
Canada
1700 Posts |
According to Canada Post, it is an alternative to sending people cheque for purchases on ebay. Since the webpage doesn't really explain how it actually works, so could someone help me out (on how the entire process runs)? |
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Pillar of the Community
United States
5825 Posts |
You have to work it out with the seller. If he agrees then you're okay. BUTYou have no way to prove to ebay's satisfaction that you paid. The seller can take your money, keep the item you won and there's not a thing you can do. |
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Pillar of the Community
United States
4212 Posts |
PMO are being accepted less & less. They are being counterfeited, with
security band & watermark, well enough to fool me. My grand-daughter received 2 for
900. each in a secret shopper scheme. These are very well put together.
There is a web site w/known #s, but her's were not on it. I was using MO exclusively, now I dont. I now buy a pre-paid mastercard, where the seller can verify the amount on it, when activated. Downside= cost $5. Most members selling here accept cash,
& I've never had a prob.
edit: this was re. U.S. postal money orders, just saw the Can. post
Edited by fioti
05/26/2014 5:54 pm
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Pillar of the Community
 Canada
9862 Posts |
They're easy to buy, just go down to your local PO. They are an expensive way to pay, about $7 each, and some US sellers don't want them.
"Dipping" is not considered cleaning...
-from PCGS website
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Pillar of the Community
Australia
2830 Posts |
there used to be such a thing as an "I.M.O." International Money Order.
These were sold by post offices around the world, and were redeemable for cash in other countries -
I don't know if that was some/many/all other countries.
I gather that in some countries, the P.O. charged a commission on redemption, so it was very expensive.
I don't know if the IMO still exists, nor if its fee structure has been revised ...
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Pillar of the Community
 Canada
1700 Posts |
Sorry for not explaining what I'm trying to do:
I'm trying to sell on CCF with my buyer paying via Postal Money Order. How likely is it for someone to accept such payment method?
Thanks for all comments regarding how it works. So I go to a post office, buy it, and then how do I send it (as a buyer)/receive it (as a seller)?
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Valued Member
Canada
372 Posts |
I would accept it.Just state that you will ship the item when you have cashed the M.O. at your local Post Office.
Your buyer will have to buy the M.O. at his Post Office.He also pays the fees associated with the transaction. Say he owes you $75.00 he has to pay that plus say $3 fee.He gives $78 and he receives a M.O for $75.He writes your name on it.Only you can now cash it. You will need a piece of ID when you go to cash it.Instead of a personal check,you have a M.O.for which the Post Office has been paid in full.
therefore no problem to give you the money when you show up.
good luck
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Pillar of the Community
Canada
3692 Posts |
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Pillar of the Community
United States
7840 Posts |
If a Canadian Money Order is going across into the U.S., how hard would it be to cash? And vice-versa?
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Pillar of the Community
Canada
2632 Posts |
Use a gift card and all parties are protected and its immediate, problem solved. Depending on the state I think it could take a long time to cash if even accepted.
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Pillar of the Community
United States
824 Posts |
I always cash or deposit money orders at my bank.
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Pillar of the Community
Canada
1700 Posts |
You mean a visa gift card or something?
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Pillar of the Community
Canada
2632 Posts |
Visa or Mastercard. Or a Paypal account only takes a day or 2 to set up with your bank. Personally I have used gift cards plenty of times with never a problem.
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Valued Member
Canada
496 Posts |
Careful,used to be not all US money orders
could be cashed in Canada ,has to be from a post office
I believe
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Pillar of the Community
Canada
2124 Posts |
If the buyer and seller are in different cities I find better to send the money with Moneygram or Western Union, it' immediatly (virtually). With the Money Order you've to mail it.
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Pillar of the Community
Canada
1751 Posts |
Iike using Paypal friends & family. There's no fees for either party. It's good where ever Paypal is used. I've used it for private deals in Canada /US. Using this method there's no protection for either person. If you desire protection then the 2.9 % is charged to one person. So people use a type of email transfer, from their bank for a very low fee. I forget what it's called.
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Replies: 16 / Views: 3,209 |
Posted 05/26/2014 5:50 pm
