Paying your wedding suppliers – are you covered?
When it comes to paying your wedding suppliers, it’s important to ensure that everything runs as smoothly as possible and that you’re covered in case of any problems. Here are our top tips…
Get everything in writing
Be sure to confirm all costs in writing over email, including any important details such as whether VAT is included, how much the deposit is, and when your final payment is due. You should also receive a written contract to sign (we’d be wary of any wedding supplier operating without one), but emails are easier to immediately refer to. It’s important to note that if you’re enquiring about suppliers’ costs early on, prices may change year to year, so be sure you’re getting the right quote for your wedding year.
Paying on a credit card
The safest method of paying for a wedding supplier is by credit card, as you’ll be covered if the supplier goes bankrupt or if they fail to provide your service. Bear in mind that credit card payments usually incur a cost for the supplier, so you may be charged a fee for paying via credit card.
Paying via cheque, debit card or bank transfer
Although not automatically covered like a credit card payment, these methods of payment are the next safest options, as they’re easily traceable by your bank. If you want an extra layer of safety, we strongly recommend taking out wedding insurance to ensure that none of your money is lost if the worst should happen.
Paying via PayPal
Smaller wedding suppliers may ask you to pay via PayPal, which can be a safe option if used properly. Be aware that you should always pay using the ‘Goods and Services’ option, NOT ‘Family and Friends’, as the latter isn’t protected, and bear in mind that you’ll need to open the dispute within 180 days of purchase.
Paying with cash
Paying your wedding suppliers in cash is a double-edged sword – on the one hand, some suppliers will give a discount if you can pay them in cash, as they avoid card processing fees, but on the other, it’s the riskiest way to pay. Cash isn’t traceable, so if your supplier goes bust or disappears with your money, there’s no way for your bank to recover it. Some wedding insurance will cover cash payments, but you’ll need to check your policy carefully.