Comment Re:I would much rather see a bonded Escrow house (Score 1) 109
I've been working on something similar at http://www.ideacradle.com/ and there are quite a few stumbling blocks.
The fundraiser takes considerable risk accepting funds with possible refunds because of the transaction fees associated with using any payment system like credit cards, paypal and all the rest.
Paypal seems at first to be the easyest way but unfortunately they have a nasty habit of freezing funds for as long as they want if there is any abnormal activity on the account. See http://www.paypalsucks.com/
In every case it is the merchant who bears the costs of bad transactions.
I'm pursuing a strategy more like a petition and resulting co-operative at ideacradle but I struggle with my own issues.