What crowdfunding campaigns does PayPal support?
In general, we support most reward-based crowdfunding models in Japan. Campaign submissions need to undergo reviews to ensure the campaign structure is compliant to Japanese regulations.
- Reward-based funding is usually a crowdfunding campaign that offers non-monetary rewards related to their product or service. Rewards should be tangible items derived from the results of the campaign itself, such as mugs, t-shirts, or calendars
- Key requirements: Campaign owners need to set a target funding goal (specific amount) and collection deadline or timeframe. Cancellation of contributions during the campaign period must be permitted. If the targeted amount is not achieved, campaign owners should halt the project and refund their contributors (applying our Preapproval API)
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