Friday March 14, 2014

After Borking Lots Of Crowdfunding Campaigns, PayPal Updates Policies

The best way to avoid payment issues like the ones described in this article? Don't use PayPal. Presto! No more problems. smile

Initially, PayPal froze $45,000 in funds that were raised by indie e-mail client developer Mailpile, citing the potential for fraud. PayPal told Mailpile that those funds would remain frozen "for a full year or until they have a verifiable 1.0 release of their product." Mailpile's other option was to send PayPal "an itemized budget and your development goal dates" for the project. None of those demands seemed justified to Mailpile's Iceland-based developers.