Patreon fee change (Patreon)
Published:
2017-12-07 16:40:21
Imported:
2026-06
Content
Hi this is important for patreons and I just found out today.
Aparently Patreon is going to change how it charges fees, at them oment the content creator pay patreon the transaction fees plus the 5% for them, so if you pledge 1 usd, I pay atm 5% of that to patreon and around another 5% to processing fees.
Patreon is going to change that to charge the processsing fee from the content creator to the user charging 0.35 cents + 2.9% of the pledege, so if you had a 1 usd pledge patreon would charge you 1.38 usd.
for a 5 usd pledge it would be 5.5 usd, and for 10 usd pledges it would be 10.64 usd.
these changes do work in favor of the creator tough since it will take off the payment processor burden off them.
I would like to hear your opinions about the situation, I m workign on revamping my website and this is one more reason to do so.
one of the options is to lower the pledge rewards slightly to absorb the change, but that's not an option for the 1 usd patreons
Aparently Patreon is going to change how it charges fees, at them oment the content creator pay patreon the transaction fees plus the 5% for them, so if you pledge 1 usd, I pay atm 5% of that to patreon and around another 5% to processing fees.
Patreon is going to change that to charge the processsing fee from the content creator to the user charging 0.35 cents + 2.9% of the pledege, so if you had a 1 usd pledge patreon would charge you 1.38 usd.
for a 5 usd pledge it would be 5.5 usd, and for 10 usd pledges it would be 10.64 usd.
these changes do work in favor of the creator tough since it will take off the payment processor burden off them.
I would like to hear your opinions about the situation, I m workign on revamping my website and this is one more reason to do so.
one of the options is to lower the pledge rewards slightly to absorb the change, but that's not an option for the 1 usd patreons
I will try to keep up with this and keep you informed about it.