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Stock impact report

What Is a Money Order and Where Can You Get One? [CNET News]

Western Union Company (The) (WU) 
Last western union company (the) earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: CNET News
Transferring cash often requires just a few clicks and swipes on payment apps like Zelle , Venmo or PayPal However, online options aren't the only way to send cash. In some cases, you might need to use an old-school method to send money. If you don't have a bank account or you're trying to send money to someone outside the US, a money order might be your best solution. What is a money order? A money order acts as a substitute for a paper check, but is a more trusted form of payment because it's loaded with prepaid funds. You use your own cash or debit card to pay for a money order. When the recipient cashes the money order, there is no waiting period for the funds to clear, as is customary with a check . Money orders also typically cost less than cashier's checks. Even in an increasingly digital world, money orders are issued more often than you think: According to data from the Federal Reserve , $4.8 billion worth of money orders were processed in the third quarter of 2023 al Show less Read more
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