Below you'll find a list of all posts that have been tagged as “Paypal”
PayPal has updated its policies related to releasing funds attained through crowdfunded projects. The firm’s chief risk officer, Tomer Barel said in the company’s official blog that the amendment is a distinction between preselling and crowdfunding. “Crowdfunding is essentially different from regular ecommerce,” he mentioned. “There is a distinction between crowdfunding and “preselling”. In crowdfunding, the method involves speculatively supporting …
The non-crowdfunding feature that PayPal had begun with, has started creating commercial problems for some start-ups; recently freezing Mailpile’s assets worth $45,000, for example. However, the team is now all set for reforming its ways and has announced a decision to rework its policies in order to accommodate crowdfunding projects. No official word on the changes has been given out …
