How wedding vendor payments work
Wedding vendor payments on Cenvi follow a deposit-first model. Planners pay a deposit to secure the vendor. Remaining payments are scheduled as milestones (e.g., 50% before the wedding, 50% after). Each payment settles to the vendor through Stripe Connect when it is charged.
Deposits
Deposits secure the vendor for your wedding date. The deposit amount is typically a percentage of the total or a fixed amount. Vendors can set their deposit requirements in their profile.
Milestone payments
Milestone payments break the remaining balance into scheduled payments. Common schedules: 50% before the event, 50% after; or 25% at booking, 50% before the event, 25% after. Each milestone settles to the vendor when it is charged.
How payouts work
Payments settle to the vendor through Stripe Connect as they are charged. Cenvi takes its platform fee on the charge itself rather than holding the balance.
Frequently Asked Questions
How do wedding vendor deposits work?
Deposits secure the vendor for your wedding date. On Cenvi, the deposit is charged up front and paid directly to the vendor.
What are milestone payments?
Milestone payments break the remaining balance into scheduled payments (e.g., before and after the event). Each milestone settles to the vendor when it is charged.
Does Cenvi support milestone payments?
Yes. Cenvi enforces deposits and milestone payments, each charged on schedule and settled to the vendor.
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