April 12, 2013
No More Paypal! Yay!
We have decided to part ways with Paypal as one of our payment processors. For a number of reasons, the relationship between Paypal and WeTheTrees was not working, and we believe that this change is better in the long run for the users of WeTheTrees. This leaves us squarely in the hands of a great payment processor in WePay. We are also working on adding Dwolla, and exploring the idea of accepting bitcoins through BitPay.
We hope this makes your WeTheTrees experience that much better.
December 7, 2012
You may have noticed that a few things have changed around this site recently. We are excited to now be hosted on http://crowdfundhq.com, and incredibly functional and affordable way for anyone to run their own crowdfunding site. And it was developed by the developers at WeTheTrees!
Along with the change of the platform has also come a couple important changes that you should know about, and that could affect (we believe in a positive way) the way your campaign functions.
In the past WeTheTrees processed payments using a delayed payment system that would not draw the contributions for the contributors bank accounts until the day the campaign ended, and only if the campaign was successful. It sounds like a great idea, but we found that quite a few of the payments were not completed as the credit card had expired or the paypal account did not have sufficient funds. This was a big headache for the campaign creator and us here at WeTheTrees. Thus, we have streamlined the system so that now, when a person makes a contribution, it is immediately withdrawn from their account. This means that all money contributed will be successfully collected, and if the campaign meets its goals, it gets all the money that was expected. Great news for everyone.
Of course, if the campaign does not reach its goals, the money is automatically refunded to the contributors without any fees.
Maximum Campaign Duration Reduced to 60 Days
We have decided to shorten the maximum campaign duration to 60 days. There are a number of reasons for this. The first being that when we need to refund the above mentioned money, it is free of charge in the first 60 days for both Paypal and WePay. The second is that a number of crowdfunding websites around the web have found that campaigns that set higher durations tend to not be as successful as those that set short durations.
If you are interested in reading more about this, check out this blog post from Kickstarter.com: