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Keep in mind that they will only take a payment processing fee, unlike other services that charge a cut from the payment in order to pay for their services, or

• 0xffff2 7y ago
  >Keep in mind that they will only take a payment processing fee, unlike other services that charge a cut from the payment in order to pay for their services... How are those different exactly?
  • marktani 7y ago
    payment processing fee = pay the payment provider (Stripe, PayPal, etc.) a cut from the payment in order to pay for their services = additional fee on top on payment processing fee to cover operational expenses, employee salaries etc.
  • sah2ed 7y ago
    The first scenario is a loss leader -- it doesn't contribute any revenue for the business to stay afloat. The second may or may not be a loss leader, but it will contribute something in revenue for the business to stay afloat.
    • 0xffff2 7y ago
      That's charitable. Nowhere do they say that their "payment processing fee" will be limited to the fees charged by their payment processor. They could very well charge some multiple of that value to generate a profit.
      • Drdrdrq 7y ago
        There is: nominal processing fee.
  • deleted 7y ago
    [deleted]
  • briandear 7y ago
    Credit Processing fees pay the bank/processing fees charged to Github. The Patreon “cut” pays processing fees but it also pays for Patreon’s electric bill, employee salaries, rent, profit. Github already has the bills paid by paid GitHub accounts. So adding this is simply another feature and the only new real cost to this feature is credit card processing fees. If there are other costs (extra employees, etc.,) that could be counted as a marketing expense.