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Change To Patreon’s Fee Structure Has Many Creators Up In Arms

A change to Patreon’s fee structure that it claims will benefit users has many of the platform’s creators up in arms about potentially losing smaller donors. Currently, the crowdfunding platform pockets a 5% fee from every pledge -- and creators also incur varying processing fees charged by payment outfits like Paypal and Stripe. But on Dec. 18, the company will instead take a 2.
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Patreon’s new payment structure is likely to hurt small creators

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Patreon yesterday announced a new fee structure, and people aren’t happy. Before the change, pledges were subject to a 5% fee plus payment processing fees, which were anywhere from 2%-10%. Now, instead of the processing fees, the pl...

‘We’ve heard you loud and clear’: Crowdfunding site Patreon walks back unpopular fee changes

Technology / Internet : SiliconANGLE

Content crowdfunding platform Patreon has halted plans to change the way it collects service fees after it encountered firm resistance from creators and their patrons. Patreon had planned to implement the new fees on Dec. 18, but Pa...

Everyone hates Patreon’s new fee

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Yesterday, Patreon sent out an email about changes it’s making to its pledge system. The membership platform enables fans to become “patrons” and support creators directly by committing to tiers of payment starting from $1. Creators...

Patreon changes fee structure, pisses off just about everyone in the process

Sports : Awful Announcing

Patreon, a platform that lets individual consumers directly fund independent content creators (including sportswriters and podcasters), caused a major fuss Thursday by changing its fee structure in a way designed to chiefly benefit…...

Patreon Calls Off Fee Change Following Widespread Creator Consternation

Web / Web Videos : Tubefilter

On the heels of widespread revolt, Patreon CEO Jack Conte said today that the company is reversing course on a change to its fee structure that the crowdfunding platform initially claimed would benefit creators -- but which many use...

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