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Is it really true that to support random podcasts with patreon that: * you can't have a one time payment * entry level is $1 a month * patreon takes 35%

• Veratyr 9y ago
  1. You have to subscribe but you can cancel after a single payment, some creators even recommend this for their higher tier "rewards". 2. Yep. 3. Nope, no idea where you got that number from. Between subscribers and creators, there are 3 fees: Payment gateway (~2% I believe), Patreon (5%) and transfer from Patreon to account ($0.25 for Stripe, 1%/$20 for PayPal, $3 for Payoneer). An absolute maximum of 10% seems closer to reality, with the average being more like 7%. Source: https://patreon.zendesk.com/hc/en-us/articles/204606125-How-do-you-calculate-fees- https://patreon.zendesk.com/hc/en-us/articles/204606125-How-...
  • sliken 9y ago
    If the minimum payment transfer is $0.25, then the minimum take is 25%. Seems pretty insane to throw a $1 a month to a producer and have 25% of that end up with patreon.
    • Veratyr 9y ago
      That doesn't go to Patreon, that goes to the payment processor and applies to the entire withdrawal, not individual patron contributions. If you have 1000 people contributing $1, you withdraw $1000 and pay $0.25 total to withdraw it.
    • Veratyr 9y ago
      And since I can't edit my other comment, I'll add that if you can find any payment processor that can do transfers for less than that, I'd like to see it. I don't work for Patreon but I am a Patron and I'm pretty happy with it and the creators I support seem to be too.