Patreon's new service fee (Patreon)
Content
It has come to my attention that Patreon is introducing a new service fee that will ensure creators (like myself) will take home exactly 95% of every pledge without any additional fees. As a reference; of the $396 that was pledged to me in the last month (over 2 videos), I received $341 (about 86%).
As a consequence however, patrons will be asked to pay a service fee of 2.9% + $0.35 on each pledge, which has caused some concerns among myself and other creators about the fate of our patrons. I am fine with the current payment system and would feel uncomfortable knowing that all of you will be burdened with extra fees beyond what you might be willing to donate in my support. Please let me know what your thoughts are on this and know that your support means more to me than receiving more money at your expense. I still have to do some further reading on the implications of this service fee, but if you do find it to be problematic, I will reach out to Patreon and see what I can do.
With gratitude,
Tom