When Is Payment Processed When Participating in wadiz Crowdfunding or Pre-order?

✅ wadiz Payment Processing Guide

When participating in a wadiz crowdfunding or pre-order project, the payment timing differs depending on whether you select the 'Scheduled payment' or 'Pay Now' option.

1. Scheduled payment
   
   If the project successfully reaches its funding goal, payment will be processed within 2 days starting from the day after the project ends. If the project fails to meet the funding goal, the scheduled payment will be automatically canceled.
   
   
   

2. Pay Now
   
   Payment is processed immediately. If the project fails to meet its funding goal, the payment that has already been made will be automatically canceled.
   
   

When you choose Reserve Payment, the payment will only be processed if the project achieves its funding goal. If there is insufficient balance or an error in the card information on the first payment attempt, additional payment attempts will be made until the following day. If the payment still fails, your participation in the project will be automatically canceled.