(Closed) Vendor Payment Warning

posted 8 years ago in Money
Post # 3
Member
6661 posts
Bee Keeper
  • Wedding: May 2010

Yeah, we were hoping to get points from all the $ we were spending, but none of our vendors took CC’s either.

Post # 4
Member
3176 posts
Sugar bee
  • Wedding: May 2011

My vendor contracts all discussed something like that in the contract. My photog is the only one who will accept it, all the others were cash or check.

Post # 5
Member
5823 posts
Bee Keeper

Yikes, I didn’t ask any of my vendors about that!  I didn’t realize that some don’t take cards!

Post # 7
Member
3176 posts
Sugar bee
  • Wedding: May 2011

The way I looked at it was that people usually spend way over what they planned, by a lot more than $4,000. My aunt and uncle spent $20,000 more than they wanted but at least they had the cash. It’s SO easy to put lots on a credit card and eventually max them all out, then after the wedding people could realize the trouble they got in and file for bankrupcy, then all those vendors get a huge amount of nothing. Just something I thought about. I can see how it could have happened at least once or twice or happened to other people and then vendors make the choice to not accept credit.

Post # 8
Member
396 posts
Helper bee
  • Wedding: December 2014

That’s so strange I would have assumed most places take credit cards! Good to know and thanks for posting this!

Post # 9
Member
2250 posts
Buzzing bee
  • Wedding: March 2018

we checked because we get cashback on paypal, so we put all the money in to the account and ran it as credit! The only vendors who didn’t take cards were our florist and our photog, but they both offered to use paypal if we needed to!

Post # 10
Member
13101 posts
Honey Beekeeper
  • Wedding: July 2010

@roxy821: Just as an FYI – many smaller business or independent people (like photographers, florists, etc) don’t take card because they will have to pay a surcharge (I think it is about 3% – maybe more) on all things they charge.  This adds up really quickly for them.

Therefore, to keep their prices lower (because if they took card all the time, they’d be forced to pass off the extra expense on to the consumer via higher prices), they just don’t accept credit cards.

Sorry it caught you off guard though and I’m glad you figured something out

Post # 11
Member
5978 posts
Bee Keeper

This is a really good FYI post! I completely forgot that most of my vendors didn’t take a credit card.

Post # 13
Member
3176 posts
Sugar bee
  • Wedding: May 2011

@roxy821 I think it depends on what they file. My next door neighbor went through bankrupcy not to long ago and I know the credit card company ceased paying the places he charged to. But that may have been a special case. Besides I could be 100% wrong it was just somethign I thought of on the spot 🙂

Post # 15
Member
541 posts
Busy bee
  • Wedding: December 2010

Debt is one of the MAIN reasons to not accept CC. Vendor provides $6k worth of service and at the time of the wedding you are $10k over budget. You pay the vendor and then go to dispute the charges-Vendor’s cash gets tied up during dispute resolution process. Final payments are usually not accepted via credit card for many of the high dollar items (ie why your venue wants a cash/certified check final payment)

Post # 16
Member
382 posts
Helper bee
  • Wedding: January 2011

Most of our wedding vendors did take credit cards. In fact, we were advised to make all wedding payments via credit card if possible as protection. If something goes horribly wrong and the services aren’t delivered, our credit card company will be able to step in — your dollars are protected. Plus, any benefits you receive from using the card is also great. We have a card specifically for the wedding and will pay it off immediately so we’re not paying interest or finance charges. But, if you are using small vendors, it’s probably not a bad idea to check it out!

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