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Patreon is more like a frontend for payment companies. The backend is either Stripe, PayPal or Payoneer. https://support.patreon.com/hc/en-us/articles/208656246
by yorwba 3y ago
Patreon is more like a frontend for payment companies. The backend is either Stripe, PayPal or Payoneer. https://support.patreon.com/hc/en-us/articles/208656246-How-payouts-work https://support.patreon.com/hc/en-us/articles/208656246-How-...
If you create a better payments system but ignore the business logic that makes people want a frontend, you can maybe compete with Stripe, PayPal and Payoneer, but not with Patreon.
- toomuchtodo 3y agoThis is salient comment. Plug into FedNow in the US and Wise internationally for P2P payments and call it a day. If you don’t want to pick a bank, FiServ, ACI, and Jack Henry can all provide you these domestic low cost payment rails. You’re a content store, and if payments are small amounts, you must drive down payment costs.
- stevenicr 3y agoI was under the impression patreon did adults-only content that is not allowed by stripe / paypal (although now I think of it, I recall paypal loosening this a bit maybe?) - any idea if the ones you mentioned also censor in this way?