Patreon Changes
Added 2017-12-06 20:13:59 +0000 UTCSo, Patreon is making some changes and I'm not real sure what to think about this. But I don't think there's much I can do about it.
So before, we Creators paid all the fees associated with our accounts. You pledge at $10, you pay $10. And we ended up getting about 80% of what was listed on our accounts. (For me, I was paying about $100/month).
Now it looks like Patrons will be sharing some of that fee, so that Artists get more of the payment (95%), while patrons cover the rest. That means I'd only be paying about $45/month in fees.
Here's what Patreon said about it:
A new service fee of 2.9% + $0.35 will be paid by patrons for each individual pledge starting on December 18th. This streamlines fees for both creators and patrons to ensure that you pay no more than 5%.
I'm not sure how that's going to affect you. It looks like if you sub at the $10 level, you'll end up paying $10.64ish?
I'm honestly not sure how I feel about this. While I'd be getting more money percentage-wise, it's forcing Patrons to pay more. I forsee people dropping the amount they sub at. I'm not sure if that will hurt or help.
They said they'd email Patrons about this change tomorrow. So maybe it has more information for you about it.
Sometimes I think I should have a donator site again, though I'd worry about the security of it. But for that, the fees would be between myself and Paypal/Google Wallet.
Comments
yep 10.64, Not that stuff i saw in the email before coming here which said 13+ dollars or more... meh... i already pay 22% tax so it's barely going to make a dent. π€£ Right now i'm paying 24.40 after this i'll be paying either 25.53 or 25.33 depending if the fees have to be paid before or after the taxes.
Simone Spinozzi
2017-12-06 23:37:57 +0000 UTCWelp, my total payment would go up by almost four buck from this. I support only five artists with a total of $73 per month, most here cuz I really like the comic and that is about the max I can manage. I might have to drop one if they go through with this. Not gonna lie, I'm pretty sure this is going to hurt a whole lot more than it will help. In order to bring the budget back in line for many Patrons, they will have to cut pledges to some artists. At that point, it doesn't matter what the profit margin is for the artist, 95% of $0 is still $0.
Homedragon
2017-12-06 22:16:42 +0000 UTC
