Patreon Billing Changes (Patreon)
Content
Here is our official statement towards these changes.
We personally are all for this, and I will try and explain why. Now prior to billing up front we only had to handle roughly 2% transaction costs due to patreon spreading out the transaction costs with all creators you pledged too (this is outside the patreon fee of 5%). After billing upfront we now lose ~4.4% to these transaction costs. While these are currently a cost of doing business, it just means less of your pledged amount ends up going to creating games for you. This change will give us around $400-$500/month extra, which for our case is roughly three months growth or around 100 new patrons. That is huge for us. I will break down below how the fee works and how it really isn't that significant of a change for the majority of you, for some I understand that it can be the difference from pledging or not.
Changes for us
Prior to change
$5.00 -( Patreon fee (5%) + CC fees (4.4%) ) = $5.00 - $0.47 = $4.53 comes to us
New Change
$5.00 pledge -( Patreon fee 5%) = $5.00 - $0.25 = $4.75 will come to us
Cost to you
Prior
$5.00 is what you were charged.
New
$5.00 pledge + (2.9% + 0.35) = $5.00 + $0.49 = $5.49
So this change will end up as an increase of only $0.50 per $5.00 pledge. Now I know for some this will be the difference in pledging or not. I would hope that you all see the changes as positive and continue to help us grow. Thank you all for your support.
SmokeShank
I will try to answer all the questions below