Patreon Changes Processing Fees The following is the email myself and other patreon creators received this:
Added 2017-12-09 07:03:51 +0000 UTC
Alright, sounds good, right? I make more money.
Except, instead of lowering their fees, Patreon has decided to up the fees of the patron. So, if you pledge to me, say, five dollars, you aren’t paying five dollars. Sure, I get that five, but you’re paying 5 + (0.029*5+35). That’s a total of 5.495, or when rounded up, 5.50. You’re paying ten percent more. That number gets even higher when you’re donating a dollar (1+(0.029*1+35) = 1.38, so you’re paying nearly 40% more).
This could be a way of Patreon subtly encouraging you to pay larger pledges, but that may not be reasonable for everyone. Different financial situations don’t mean someone should be shut out of supporting their favourite artists, writers, youtubers etc.
If you have to drop being a patron for the time being , or for good, please don’t feel bad about it. There’s no ill will here, just frustration at a platform that seems to make huge and sweeping decisions without considering their userbase or their creators.
Comments
Personally, this won't change much for me. Well, I'm going to be paying something like 20% more overall, there is that. But It won't stop me from pledging.
Sororitas Cupid
2017-12-09 14:49:28 +0000 UTC
