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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 ide
by 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 agoIf 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 agoThat 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 agoAnd 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.