Pay it Your Way,
On Your Special Day!
Ambrosia is excited to announce a new payment option, Buy Now, Pay Later with Affirm!
What is Buy Now, Pay Later?
Buy Now, Pay Later (BNPL) has taken online purchasing by storm. Gen Z and Millennials alike have found this tool to be especially helpful in the new age of online banking. Unlike traditional forms of payment, which force consumers to make purchases upfront and in full, Buy Now, Pay Later provides buyers with the option to pay for purchases in payment installments without any fees.
Affirm Overview!
There are many online platforms that provide BNPL services. If you’ve done any online shopping recently, you’ve probably seen this option pop up when checking out. One of the leading BNPL platforms, Affirm, allows you to make the choice on how you’d like to pay. Here’s how it works:
Step 1: Go Shopping
Work with a team member at Ambrosia to receive a quote for full event planning, day-of coordination, event design, floral designs, decor, rentals, or more.
Step 2: Choose Your Payment Terms
After signing a contract with Ambrosia, you can choose the payment method that works best for you. At checkout, choose Buy Now, Pay Later with Affirm and set your payment terms. From 4 interest-free payments every two weeks to monthly installments, you’re in control.
Step 3: Make Your Payments
You will manage your payments directly through Affirm, on their app or online. You can choose to set up AutoPay through Affirm so you don’t miss a payment. But even if you do, there are never any fees.
What makes this different from a credit card?
Unlike traditional credit cards, BNPL has no hidden fees or credit limits. With the Pay in 4 option, there is no interest or fees. Additionally, this payment method does not impact your credit score. The Monthly Payment option can have an impact on your credit score, but does not have any hidden fees and does not affect the credit limit associated with your credit card. Customers who are trying to make large purchases, often seen in the event industry, may struggle with credit limits, withdrawal limits, and banking restrictions. The BNPL system solves this pain point for consumers and allows them to have the event of their dreams without having the money upfront.
Why should you use it?
Despite the convenience of Buy Now, Pay Later, there are more advantages to utilizing this service. The events industry is unique in that invoices are often much larger than everyday purchases that consumers make. Additionally, these invoices often have to be paid in lump sums. If you still aren’t convinced, here are the reasons why you should use it to pay for your next event:
No Compromising
As event professionals, we often see clients compromising their vision because of budget limitations. We completely understand! However, BNPL helps solve that problem. Get the event of your dreams without having to give up those important details.
Stress Less
Events are often associated with some kind of lifetime milestone and almost always create many happy memories. Don’t let the stress of paying a lump sum deter you from having a good time; pay for it later.
Booking before It's Too Late
If you’ve ever planned an event before, you know how quickly event professionals can book up, especially during peak event season. Unfortunately, in some cases, there isn’t time to wait for that check or bonus to come in. With BNPL, you can book that vendor before it’s too late.
This Is Not Your Ordinary Bank
Like we discussed earlier, BNPL is not a credit card. Utilizing platforms like Affirm allows you to avoid unnecessary fees and charges. Additionally, you are in control. You decide the type of payment plan that works best for you. You don’t have to worry about your bank flagging you for withdrawal limits or shutting off your credit card due to limit restrictions. Lastly, you don’t have to have wads of cash lying around! Affirm protects your purchase while remaining flexible.
Other Payment Methods
Of course, Ambrosia Events still offers other payment options. You can still deposit or pay your balance due using a credit card. In addition, Ambrosia accepts cash, checks, cashier’s checks, money orders, etc. Contact a team member today to find out more!
