The pinning is skipped now. Money are given in envelops. The guests of each wedding can be several 1000s. The ones that get married can make many thousands pounds profit which is much more that could be pinned on their clothes
oh it happens in turkey too.it u can come across these sceneries in village weddings.still.and ı have been living here for 26 years and it does not have a specific name although it is a traditional thing to do.and we pin money to belly dancerd as well sorry pal ..no name ..just do the action it will name byitself..