Money orders are a quick, safe, and simple way to transfer money from one location to another.
They are regarded as a transaction technique that cannot be replicated by other kinds of payment, no matter how advanced financial technology becomes.
Money orders can be conducted in places like the US post office, supermarkets, convenience stores like Walmart, etc. But does UPS do money orders?
Does UPS Store Do Money Orders?
UPS does not sell or cash money orders.UPS offers local and international shipping services to individuals and corporations.
However, it does not offer remittance services at its retail sites simply because it is not a bank or financial institution required to provide these services.
So, if you want to do money orders, you can buy from any institution or place that sells them.
USPS, some retail banks like Wells Fargo, or payment stores that provide cash and short-term loans are some sites where you can do this service.
What Services Does UPS Offer?
Customers will not be able to buy money orders or cash from a UPS outlet, but they will be able to get the following services at their location:
Also read:When Does UPS Deliver to My Area?
- Shipping & Mailing Supplies: The store may sell you supplies to pack and ship your items, or you can have your materials packed for shipping, either domestically or internationally.
- Business Services: Stores offer customers scanning, faxing, and copying services.
- Mailboxes: The UPS Store provides official street addresses for mailboxes and the ability to pick up goods on your behalf.
- Shredding: UPS Stores and Iron Mountain have teamed up to offer shredding services for all forms of paper in small and large amounts.
- Notary Service
- Passport and identification photo
- Services for printing
Why Doesn’t UPS Sell or Take Money Orders?
UPS is neither a bank nor a financial institution; it does not sell or transfer cash.
Banks, credit unions, and money transfer agents are the most common money transfer providers. A money transfer agent is an objective third-party company or organization that assists in transferring securities.
Also read:How Much Does UPS Charge for Shipping?
Another reason UPS does not provide money transfer services is that it is unrealistic. Since many other companies provide identical services, it’s probable that the corporation lacks sufficient incentives.
Finally, this payment method frequently necessitates the use of a money transfer agent or financial institution with access to bigger sums of cash.
This could be a security risk for UPS personnel, especially because most UPS facilities are insecure.
Has UPS Ever Offered Money Orders?
UPS has never provided a money transfer service. They started out as a shipment and delivery company and have had a lot of success there.
Also read:Does UPS Pickup on Saturday?
They began to offer various services over time, but sending money orders was not one of them. Because they’re in a different company, they don’t look to be creating them anytime soon.
Ups money order tracking
UPS offers local and international shipping services to individuals and corporations. However, it does not offer remittance services at its retail sites simply because it is not a bank or financial institution required to provide these services.
Also read:What Time Does UPS Deliver Until?
Conclusion
UPS does not now provide money orders and has no plans to do so in the foreseeable future. As a result, if you want to do this service, you should go to any other organizations or establishments that offer them.
