Possible Change of Payment Settings (Patreon)
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Hi everyone!
This has been discussed a couple times in the discord, but for anyone not familiar, I have been considering switching my Patreon from the current payment system (people pledge and are then charged at the end of the month) to a "Charge Up Front" option. Essentially what it means is that my Patreon subscription would act like any other subscription (ex: magazine, Twitch, etc) so that you are charged as soon as the subscription is made.
For anyone who is already a paying patron (meaning you've already been here a month+), your payment is unchanged, it's business as usual, just the website reads your payment as a charge at the beginning of the month for the upcoming rewards, rather than a payment at the end of the month for the previewed rewards. This only really affects new patrons.
Lately (since the beginning) I've always had a considerable drop in patrons once payments start going through, along with many fraud accounts with obviously fake names signing up for $20 rewards only for no money to come through. Thankfully this means they don't get the rewards, but it screws with the system. So hopefully this would put an end to that.
Unfortunately this is a permanent change. I think it's been available to creators for about a year, but it's still in "beta" so idk if reverting it will be possible in the future or not, but a change this significant shouldn't be taken lightly. But if I want to do it, I'd rather it be sooner than later, especially since I've been already considering it for a while.
Feel free to give an opinion below, for, against or what have you. Additionally here are some links for more info if you so please.
For info on "charge up front" as a patron, click here.
Are you a creator? Learn more about charging your patrons up front here.