Why Does the University of Toronto Demand Payment by Money Order or Certified Check?

Today we had to pay the residence fee for our older son at the University of Toronto. But unfortunately the Residence Office form says they only allow payment by certified check or by money order.

Look, this is the 21st century. I can pay my taxes online. I can buy airline tickets online. I can use a credit card, or a debit card, or paypal. But not, apparently, at the University of Toronto.

Each year thousands of new students move into residences. For each one of those students, parents have to make a special trip to the bank to satisfy this archaic requirement. The University of Toronto should be ashamed for wasting thousands of hours of time just because they can't move into the present.