Telling him you want to wait?

So I recently started dating this guy (I'm 23 and a virgin). He's been in relationships before but this is my first. For both religious and non-religious reasons, I plan to wait to have sex until I'm married. I'm all for fooling around, but I'm gonna make him wait awhile for that too... Ladies, how do I bring this up to him? Do I just come out and say it? He should respect that, right? I want him to feel fulfilled and satisfied in his relationships and want to give him the option of opting out if this is too chaste for him...