What crowdfunding campaigns does PayPal support in New Zealand?
The two types of crowdfunding models that we support in New Zealand are: Charitable fundraising and non-monetary Reward-based funding.
Charitable fundraising enables legally registered charities to collect donations for their campaigns or cause. These campaigns are typically performed via:
- Monetary donations where all the money goes to the charity or group
- Merchandise sales where all, or a portion, of the proceeds is given to the charity or group
- Non-monetary Reward-based funding is usually a crowdfunding campaign that offers contributors non-monetary rewards in return for their funding. Common examples include development of new products like video games, movies, or new gadgets related to the campaign.