Patreon Fee Changes (Patreon)
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What Patreon does currently is hit me with the fees for credit card processing, which can range from 7 to 15%, with an additional 5% fee imposed by Patreon. I think it's fair and reasonable to charge me these fees, as I'm the customer utilizing this service.
Their proposed changes, taking place 12/18 and forward, is to continue to charge me the flat 5% fee, but now pass an additional fee of 2.9% + 35 cents onto my patrons.
Here's a few examples of how the new pledges will work out:
$1 = $1 + 2.9% (.029) + .35 = $1.379
$5 = $5 + 2.9% (.145) + .35 = $5.495
$10 = $10 + 2.9% (.29) + .35 = $10.64
$20 = $20 + 2.9% (.58) + .35 = $20.93
I am, suffice it to say, extremely unhappy with these changes. I would much rather continue to pay the fees out of my earnings than have them forced on the kind folks who want to support me. I realize this change may affect your ability or desire to continue pledging, and I just wanted to let you know I understand! Many patrons have to decide who to continue to support and who to cut, and it's not a fun time for anyone. (◞‸◟;) I will continue trying my best to make worthwhile content for those that can stay, and as always, I am humbled and grateful for your support (whether that's past/present/continuing, thank you so much!)