Do you want to replace traditional payment methods for purchases, bills, and gifts? No worry, a money order is just the right thing you’re looking for.
It can be considered a prepaid check that transfers money from one person to another in a reliable manner. FedEx is one of the most reliable transportation and e-commerce companies out there.
But, does FedEx do money orders too? Read out to answer your curiosity!
Does FedEx Do Money Orders?
As of 2023, money orders are not sold or cashed at FedEx, just like other money services.
Selling financial products, including money orders, bound companies to follow regulations laid out by the government; it requires careful management.
FedEx’s shipping industry is successful worldwide; therefore, adding an unrelated service will only increase the burden upon company resources and create problems.
Therefore, you can buy your money orders from alternate options available, including banks, post offices, grocery stores, etc., and get them delivered from FedEx.
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Why Does FedEx Don’t Sell Money Orders?
FedEx has no official statement suggesting why it does not sell money orders.
On logical grounds, we can assume that FedEx simply does not need or want to sell money orders.
On the other hand, government-imposed rules and regulations related to selling financial instruments (just like money orders) are additional headaches to incorporate.
FedEx simply prefers to avoid wasting time, energy, and money that goes into setting up services like money orders.
Also, breaking into the market of selling Money Orders will be a tough nut to crack for FedEx.
Can I Send Money Order by FedEx??
Money orders can be sent through FedEx, but only through checks. This way, you and your finances are well protected, and the drivers too.
You can write a personal check or go to the bank and get a cashier’s check. Both are permissible by FedEx and can be sent easily through their service.
Can FedEx Ship Money Orders?
Yes, you can ship Money Orders through the FedEx network.
Moreover, the best practice for shipping money orders through FedEx is using FedEx’s envelope. It is the smallest packaging available at FedEx and can be shipped for as little as $10.80.
You may also love to know:
Will FedEx Ever Sell Money Orders?
Under running circumstances, the chances of FedEx offering money order services in the near future are very thin.
FedEx is specialized in shipping and logistics and is a global leader in what they do. Therefore, focusing on companies’ core competencies is the only way to stay on top in such a competitive field.
Introducing new services other than shipping can also cause trouble to the already existing infrastructure of the company. Additionally, staying in line with government restrictions is a mountain itself to climb.
Who Else Sells Money Orders?
Fortunately, many alternate options are available to find money orders around you.
You can usually find money orders at many retailers. However, the transactions are mostly powered by either Western Union or Money Gram. Banks are another option for buying money orders.
Other choices to buy money orders can be a post office, 7eleven, CVS pharmacy, Kmart, and many more. You can head to any of them to buy a money order.
Fees and limits for money orders may vary at different retailers and geographic locations.
When Do You Need a Money Order?
In daily life, you may fall under situations where you might need money orders.
If you need to pay someone in a fund-guaranteed manner or do not want to walk around with cash, a money order helps you achieve your required objective.
It also suits people who do not like to reveal their bank account information. You can also pay your bills and rent using money orders without owning a bank account.
Summing Up
To summarize, Shipment giant FedEx never did, never does, and probably will never sell money orders.
The fact that the company is among the top logistics company explains why it stays at arm’s length from money orders.
However, FedEx does offer shipping services for your money orders to transfer quickly and efficiently. Lastly, you can Google money orders near me, and a list will appear for you to choose from.