4 ms·

Patreon will pay out 95% of pledges going forward

• rainbowmverse 9y ago
  >> "In the past, a creator’s income on Patreon varied because of processing fees every month. They could lose anywhere from 7-15% of their earnings to these fees. This means creators actually took home a lower percentage of pledges than their patrons may have realized." I got $7.94 out of $9 pledged this month, so this is a welcome change. It's only going to get more significant as the number grows. People who depend heavily on smaller pledges will probably be hit hard.
• Dylan16807 9y ago
  There's a hidden layer to this that's really bad. Patreon charges once per month. But they are not charging the 2.9% + $0.35 fee per month. They are promising to charge that 35 cents per pledge, per month. $10 in pledges going to one creator will have $.64 in fees. That's fine. $10 in pledges split across ten creators will have $3.79 in fees. That extra three dollars is just profit for patreon, plucked right out of the user's pocket.