PayPal To Revise Its Crowdfunding Policies

PayPal has indicated that it is currently in the midst of a policy overhaul to ensure that its services can work in conjunction with crowdfunding campaigns, VentureBeat reported on September 13.

The online payment service did not provide specifics about the policy changes. However, it noted that it plans to review questionable crowdfunding campaigns before freezing accounts.

For more on what the proposed policy could mean for crowdfunding and PayPal, click here