About Patreon's Fee Changes (Patreon)

Hi hiii! <3

You should have received an email from Patreon regarding the new fees. I drew this little thing to make the change more easy to understand, since I'm not sure how much you know about the Patreon Fee and Processing Fees.

Well, the old system was:

- You pay 5$

- Paypal, your Bank or your credit card provider takes 5-7%, depending on the payment method, this is the so called "Processing Fee"

- Patreons takes 5% as a fee for their platform

- I get the remaining ~4,40$

The new system is:

- You pay 5$

- you also pay 0,35$ + 2,9% - regardless of the payment method - this is the new "Processing Fee". Based on my 5$ tier, this fee will be about 0,50$

- Patreon takes 5% as a fee for their platform

- I get the remaining 4,75$

So Patreons will put the processing fee on your side instead of mine.

In a nutshell: You'll pay a bit more, I get a bit more.

As far as I know, this 0,35$ is a once per month fee, so if you support more than one creator, you have to pay this only once per month. For example if you pledge each 5$ to two artist and also 5$ to me, you will pay 15$ + 0,35$ + 0,44$ (2,9%). /edit: not sure about this anymore, Looks like you have to pay 0,35$ for each individual pledge. Pretty strange : (

Actually I'm not quite sure what to think about it. A lot of creators complain about this change, because they are afraid of loosing a lot of patrons, especially the 1$ patrons : (

What do you think about this change? Is this a reason for you to delete pledges for your favorite creators? Or don't you mind to pay a bit more?