If you're planning weddings for a living then the goal is to receive payment from your clients for your professional services.
This episode will walk you through the payment options that are available and provide advice on what you can do to ensure that you are paid on time for your wedding planning services.
During this episode discover:
- Why you need a business bank account for your wedding planning business
- A quick explanation of ‘Doing Business As'
- Best practices for accepting cash, checks and credit cards for your wedding planner services
- Fees associated with a credit card merchant account
- A possible solution that lowers the risk of accepting checks
- Affordable alternatives to a traditional merchant account
- Advice if you're charging clients a fee for paying you with a credit card
Evo Payments (formerly PowerPay) – If you're looking for a new (or better) traditional merchant account, I recommend PowerPay. This is the company I used before switching to Stripe (see below) Great customer service. Visit PowerPay
Square – Here's a credit card reader that plugs into your smartphone or tablet giving just about anyone the ability to accept credit cards for payment. Visit Squareup.com
PayPal HERE – Not to be outdone, ‘Here' is PayPal's triangular answer to the ‘Square' credit card reader. Visit PayPal Here
PayPal Payments – This is the world's largest online payment processor. As long as your clients and customers have an email address, they can use PayPal to pay your wedding planning fees. Visit PayPal
Stripe – This is my hands-down favorite option for accepting credit card payments online. In order to use Stripe, you'll need to purchase an SSL certificate for your wedding business website (making your domain name, or your website payment page secure; indicated by ‘https' instead of ‘http'). Visit Stripe.com
If you're struggling with a wedding planner situation, please give me a call on +1 202-681-2126 or send me a message. I'll do my best to help.