Nobody pays unless the goal is met.
Friends pledge the most they'd pay. PayPal holds it. If the group reaches the goal, everyone pays their share once. If not, every hold is cancelled.
Start a pledgeSandbox demo. Fake money, no real charges.
How it works
Pledge your max
You say the most you'd pay, even 'only if Jay's in'.
PayPal holds it
Nothing is charged while the group fills up.
Pay your share, once
If the goal is reached, you pay your part. If not, every hold is cancelled.
Start a pledge
Get your group to actually chip in.
Friends pledge with their card. Nobody is charged unless the group reaches the goal; if it doesn't, every hold is cancelled.
PayPal holds each friend's max. AI turns 'I'm in for $40 if Jay's in' into a pledge, and they confirm it.