BitPay and crowdfunding

[Gordonium]

Can BitPay be used in crowdfunding sites sameway that PayPal or Amazon Payments? I mean so that BitPay would hold money so long that whole amount is raised and if it doesn't happen it would automatically refund all the money? Or that it would automatically take the comission to sites owner and pass rest to the people who raised that money?

If BitPay cannot yet do all that, what would be best way to integrate such functions?

[Gordonium]

I just read this from Bitcoinstarter.com:

"If the target amount is not reached within the time period allotted by the project creator, the entire amount raised will be returned to each individual pledger, in full, automatically."

So does anyone know whats the best way to do that kind of automatical payment return system?

[bbit]

I just read this from Bitcoinstarter.com:

"If the target amount is not reached within the time period allotted by the project creator, the entire amount raised will be returned to each individual pledger, in full, automatically."

So does anyone know whats the best way to do that kind of automatical payment return system?

The way they are doing it ?

[Gordonium]

I just read this from Bitcoinstarter.com:

"If the target amount is not reached within the time period allotted by the project creator, the entire amount raised will be returned to each individual pledger, in full, automatically."

So does anyone know whats the best way to do that kind of automatical payment return system?

The way they are doing it ?

Well how are they doing it? 

[bitcoinstarter]

I just read this from Bitcoinstarter.com:

"If the target amount is not reached within the time period allotted by the project creator, the entire amount raised will be returned to each individual pledger, in full, automatically."

So does anyone know whats the best way to do that kind of automatical payment return system?

The way they are doing it ?

Well how are they doing it? 

Hello,

We have a mechanism that can cancel all pledges to a project. It's not to hard to do.

Thanks!