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This is assuming that everyone is paying $1 across 50 different artists. The question here really is - What is the distribution of backers and payment amount o
by thisisit 9y ago
This is assuming that everyone is paying $1 across 50 different artists.
The question here really is - What is the distribution of backers and payment amount on Patreon?
If majority of their customers are, 1:1 ie one patron to one artist for $1. Then it is an issue which payment processor needs to look into.
But, if it is 1:50 ie one patron to 50 artists for $1 then I am sure Patreon will be creating a batch transaction.
Patreon's problem surely stems from the fact that 1:1 is more likely true.
- freeone3000 9y agoEven if it was 1:1, actually charging the payment processing fee for the payment processed would be fine. The person with one pledge for $1 to one creator would be charged $1.38. The person with one pledge for $100 to one creator would be charged $103.80. The person with 100 pledges for $1 to 100 creators would be charged $103.80. Fine. With the rules they're putting into place, the person with 100 pledges for $1 to 100 creators will be charged $138.00 - with the other $37 going to Patreon. Not cool.