According to Patreon's current fees page, the old fee regime works like this: Show more
1. Payment processor charges their fees. Paypal is 5%+5¢, Stripe is 1.9%+¢30.
2. Patreon takes 5% of what they get from the payment processor.
3. Payment processor transfers the money to the creator and takes their cut, which varies depending on if you're in the US or not. I'm not gonna get into that calculation because it's presumably still there.
($1*8 things)-5%-5¢ = 7.55, that -5% is $7.17 (Paypal)
($1*8 things)-1.9%-¢30 = 7.548, minus 5% is 7.17 (Stripe)
-- with the patron being charged a flat $8 either way.
If Patreon is applying this service charge to every pledge, there is $3.86 more going to the payment processor and/or Patreon, or $1.412 more going there if it's applied to the single hit they make on the patron's bank account.
So that's some numbers, and now I guess I can think about this more solidly - the vast majority of my patrons are $1/thing, and a good month is one where I make eight things.
Finally, for those pondering Kickstarter's new d.rip service:
1. it's invite-only for now and they sure didn't invite me despite a history of three successful campaigns, two of which were staff picks, if you're around my level of obscurity then you probably won't get an invite any time soon either
2. their website says absolutely nothing about the fees - we can ASSUME that they will be pretty low, since Kickstarter is a Public Benefit Corp who makes most of its $ off of people using KS as a pre-order site for electronic gizmos, but we can't be sure of anything
anyway I guess I should save a link to this thread somewhere so I don't have to redo all the Patreon fee calculations if and when I *do* get a chance to set up with d.rip...