PayPal Pledges to Overhaul Approach to Crowdfunding

PayPal Pledges to Overhaul Approach to Crowdfunding

PayPal this week promised to review how it handles crowd-funding efforts after several projects had their funding frozen by the online payment service. In a blog post, PayPal said that crowd-funding campaigns – made popular in the past year or two by services like Kickstarter and Indiegogo – are a new concept and therefore “potentially open to abuse.” “PayPal has a responsibility to ensure that the system remains...

Read More