Money order machines print money orders with unique identification and security features. They can be found at USPS and other authorized vendor locations, and some offer self-service options. Old machines are sometimes collected for nostalgia.
A money order machine is a computerized device used to print money orders to issue to customers. The United States Postal Service (USPS) issues unique money orders that are made available to the public for purchase. Money order machines can also be found at other authorized vendor locations, including certain supermarkets, check cashing networks, and a variety of other retail establishments.
Like bank checks, money orders are printed on specially designed paper that is preprinted with unique serial numbers and other relevant identification and security information. When this document is inserted into the machine, money orders are created with a precise denomination as requested by the buyer, as well as space for the buyer’s information and to whom the money order will be paid. The dispenser also prints a receipt that is attached to the money order, which is intended to be retained by the buyer.
Whether a money order is created using USPS equipment or created using a machine at another authorized vendor, all money orders have unique features that are strategically placed on the draft. For example, all legitimate money orders have a unique watermark that can only be seen by holding the money order up to a bright light. Other security features include colored ink and threads that are barely visible, but are embedded in the paper on which the money order is printed.
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 types the requested denomination into the machine and prints a money 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 from a self-service kiosk. Similar to a bank ATM, a modern ATM allows customers to insert cash or a bank card into a machine to pay the requested draft amount that can be printed and dispensed through the machine without the assistance of employees. .
Although an old money order machine is of little use for its intended purpose, many people collect these machines purely for nostalgia. They are sometimes sold at live auctions, on auction websites, 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.
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