Posted atοΌ04/27/2021. #SEO. Although it's free to get started on Patreon, it charges a certain percentage once creators start earning on Patreon, plus an industry-standard rate for processing payments from their patrons. Currently, Patreon offers 3 subscription plans taking 5-12% of the monthly income creators earn on Patreon:
Platform fee: 5% of $10 = $0.50 Payment processing fees: 2.9% of $10 + $0.30 = $0.59 + $0.30 = $0.89 Total deductions by Patreon: $0.50 (platform fee) + $0.89 (payment processing fees) = $1.39 Earnings for the creator: $10 β $1.39 = $8.61
As far as the processing fees are concerned, if your patrons are located in the United States the processing fee will be 2.9% along with $0.30 charges on every transaction and that takes the total paid to Patreon to roughly 7.9%.
$2.50 Processing fees: $1.75 Total fees: $4.25 Lite Pro Premium What is Patreon? Patreon is one of the better-known membership and community platforms in the digital landscape today. First founded by Sam Yam and Jack Conte in 2013, Patreon offers members of the creator economy an opportunity to make money doing what they love.
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what percentage does patreon take
