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PayPal Loosens, Clarifies Crowdfunding Policies

Posted on 3.17.2014

Payment processing service/platform Paypal has for some time taken heat over its practice of freezing crowdfunding funds, but the eBay company recently did an about face on the issue.

The payments juggernaut provided some details on how it supports crowdfunding and provides information on what those wanting to support PayPal should be aware of and familiar with in terms of PayPal policies.

For example, Paypal provided details on the types of campaigns it supports (donation-based companies and reward-based campaigns) and those that it does support including lending and equity-based campaign models.

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