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Subject:Re: MO's
From:Andrew Grebneff
Date:Sat, 12 Feb 2005 14:05:15 +1300

>Sooooooooo....are MO's a good way to pay for goods and services....?
>
>Cheers
>Chuck

Definitely. They also leave you the option of CANCELLING them before
the recipient's bank processes them. However you do have to take the
time off to visit your bank, and there is likely to be a fee...

I have used these quite a bit (they are also called bankdrafts).

>It seems obvious that if you cash the money order before you send the
>product it is a good way to pay for services. Some people still avoid PayPal
>and credit cards that are instant, but each to their own method. I prefer
>paypal because it is instant and accepts all credit cards, but I accept
>personal checks, and money orders and ship only after I cash the non
>preferred method of payment.
>
>The problem with money orders and certified checks is you have to spend the
>time to go to the bank or post office, burn the gasoline to get there and
>back and go to work to earn the money to pay for that gasoline, wear and
>tear on your car, and money order fees-- all these hidden costs to cover the
>paranoia of the buyer who won't get a bank account or sign up for paypal.

PayPal claims that it is secure, but the claim is false and it has
been hacked before and probably will again. You take a risk with
every transaction. And if the seller stiffs you you are s*** outta
luck, as PayPal doesn't want to know.
--
Andrew Grebneff
Dunedin
New Zealand
Fossil preparator
<andrew.grebneff@stonebow.otago.ac.nz>
Seashell, Macintosh, VW/Toyota van nut

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