Patreon Not Changing Fees Now!
I know we mentioned before we were ok with the fee changes, mainly due to how our Patreon is structured and how the majority of you pay $5.00. Although we were not impacted as greatly as many other creators, we have seen a large amount of deleted pledges all ranging from $1.00-$20.00 with the same message "New Fees". If you have supported for the month of December you shouldn't be billed if you re-pledge as you have paid already. Thank you all for the continued support
SmokeShank & Sunsetriders7
If you can please help Patreon sort this out intelligently by taking this anonymous survey
Comments (12)
at $5 7% more money is paid out that goes to credit card companies alone, assuming the patron backs $40 worth of pledges. at $20 it is 2% again assuming $40 worth of pledges. at $20 with you being to only pledge it is only a 1% difference. i know you don't care about the $1 pledges, but that is a 34% increase in service fees at $40 total pledges for the patron. adjust the amount pledged to pay out the same makes little difference to the $5 and $20 amounts, though at $1 the amount is raised to 54% difference (again assuming $40 in total pledges).
I would never say we don't care about the $1.00 pledges. Many of those are eventually converted to $5.00 for many reasons. We personally didn't realize the extent at which $1.00 pledging was happening. We had a very narrow view due to how our patreon is structured. With that being said ultimately we all love how Patreon aggregates the payments and reduces the overall processing cost. -SmokeShank
I wasn't really bothered and didn't pull any pledges, but it seems if Patreon is so concerned about not enough money getting to creators they should lower their cut rather than charge the patrons more.
The cut they take is what makes the platform so enticing (5%). The problem was with the increase in transactions they would handle and the increase in processing fees we would have to take on. I'm sure they will figure it out. -SmokeShank
I have spread the word across 15 of my other games I am supporting so the word is getting out now. ^_^ Thanks for letting us know Sunsetriders
Thank you for the support
I didn't drop my pledge as I couldn't give a rats ass about what patreon does, as long as this is the way to support you I'll remain as a supporter, especially since I'm one of the 2 in top category :)
Thanks for the support -SmokeShank
I'll be honest, I may have had to cancel/adjust alot of my pledges if this had gone through, possibly this one too. Glad this won't be happening.
I'm sure they will make some changes, but now they are listening to people. -SmokeShank (here is the link to a survey on how you can help mold fees <a href="https://jamiec1.typeform.com/to/gvucuX" rel="nofollow noopener" target="_blank">https://jamiec1.typeform.com/to/gvucuX</a> )
I am glad everyone's voices was heard and respected!
Speak with your wallet is a great way for a company to listen. - SmokeShank