WePay, a platform that helps online businesses process payments, says it's processing up to $1.5 Million per day in crowdfunding, which attests the growing popularity of crowdfunding. WePay says it's experiencing a "huge spike" in crowdfunding processing numbers. For example:
- WePay has averaged 35% month growth in processing crowdfunding projects since the launch of its API's in October 2011; and
- WePay has processed 648% more crowdfunding volume in each calendar month of 2013 compared to the same calendar month in 2012.
WePay claims it processes payments for more than 30 crowdfunding sites.
Article by A. Brian Dengler. Feature Image (c) Crestock.com.