A pledge is an amount of money that you commit to giving a project if and when the project successfully reaches its target.
When you pledge, you enter into a one-off payment plan with us.
Pozible projects are all-or-nothing based.
All or nothing means that if a project does not reach its target amount, no pledges are processed. In this case, payment plans are cancelled and project creators do not need to honour any rewards chosen by supporters.
Some of Pozible's partner platforms accept flexible funding, where a project will receive all pledges regardless of whether they reach their target.
You can find more information on flexible and all-or-nothing crowdfunding models here.