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I can transfer €10 from my bank account to any European bank account at no cost in real time. You can't really do that in the US so Patreon has to exist. Like
by Tsubasachan 8y ago
I can transfer €10 from my bank account to any European bank account at no cost in real time.
You can't really do that in the US so Patreon has to exist. Like the only alternative is mailing a check. And god only knows when a world wide banking system will be realized.
- PavlovsCat 8y agoThen why don't at least people in the EU simply get a bank account for such donations? Outside of charities, I don't recall seeing that on websites or elsewhere, really. Why is that? Did it just not occur to anyone yet, or is it maybe a legally thorny issue? How do banks feel about it? I sometimes wonder about this, and I assume there's gotta be reasons, but I don't actually know.
- dwild 8y agoThere's clearly multiple valid reason not to: - Donations can come from all over the world. - It's easier to simply subscribe on Patreon while you are already logged in, than doing the 4-5 steps necessaries to do a bank transfer (there's a reason Amazon invested so much into 1 click ordering, the least friction you get, the more transactions you get). - A subscription is also recurrent, which represent much more money (I'm sure most bank allow recurrent transfer, but it's a choice and not the default one). - Patreon allow "private" publication to the one that donate, which allow them to offer incentive to donate (mostly it's early access or exclusive content).
- bjoli 8y agoHow? I am stuck with 3 days for international transfers unless I use a 3rd party service with sketchy terms of use.
- Tsubasachan 8y agohttps://en.m.wikipedia.org/wiki/Single_Euro_Payments_Area https://en.m.wikipedia.org/wiki/Single_Euro_Payments_Area