Patreon has change into the first selection for digital content material creators to receives a commission by followers, however the 5% charge has proved untenable for a lot of.
The company has been careful about adjustments to its pricing and charge construction prior to now, after dealing with swift backlashes on-line.
Now, Patreon has introduced a new tiered system with an eight% charge for Patreon Pro, which is basically Patreon because it exists now. Patreon is cautious to emphasize that current Patreon creators are grandfathered in on the present 5% charge.
Patreon creators can nonetheless get the 5% charge for Patreon Lite, which is a slimmed down model of the companies supplied. There are not any bonus instruments or completely different fan tiers obtainable in Patreon Lite, because it’s designed round a pay-what-you-want mannequin for supporters.
Patreon’s additional options at the moment are locked to the Patreon Pro plan. Pro customers can provide membership tiers and particular gives to their supporters. It additionally offers analytics and insights into engagement with content material on the Patreon web page, and limitless app integrations.
One step above, the brand new Patreon Premium plan for enterprise customers prices 12% charges (9% for current enterprise customers). The enterprise account gives full-service merchandise gross sales, multi-user crew accounts, and devoted buyer assist.
The new charges go into impact on May ninth, which means there’s nonetheless time to get that grandfathered 5% charge.
Some different adjustments coming to the positioning embrace the way in which fee processing charges work.
Right now, the quantity of fee charges varies, however Patreon estimates that charges hover round 5% per transaction. Starting in May, pledges of $three or much less will appeal to a fee of 5% .10 cents for every fee. All pledges over $three will use the usual 2.9% plus .30 cents charge charged by different processors like Stripe.
PayPal funds from supporters exterior the U.S. will incur an additional 1% cost.
Patreon not too long ago introduced it has over 3 million active patrons a month and is on observe to course of $1 billion in funds by 2019.