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Patreon slammed after pitching fee hike as boon for creators

Patreon is to lower its percentage but apply a 35c fee to every transaction, according to a confusing announcement that's thrown the funding site's userbase into chaos. It sounds good for the platform's stars, but ruinous for creators dependent on dollar pledges. The crowdfunding platform for artists currently takes a fee of 5% (creators also pay fees charged by payment processors like Stripe or PayPal) from each pledge.
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