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December 13, 2017 06:03 pm GMT
Overhauling the creative economy turns out to be quite tricky. Following massive backlash, Patreon is at least temporarily pausing its plan to change its payment processing fee structure on December 18th from charging creators 2%-10% on the first of the next month to charging patrons 2.9% plus $0.35 per transaction up front and on the monthly anniversary of their first pledge beyond the 5%… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/qz6jR3i3F8w/
Why content crowdfunder Patreon is halting its hated fee change
Overhauling the creative economy turns out to be quite tricky. Following massive backlash, Patreon is at least temporarily pausing its plan to change its payment processing fee structure on December 18th from charging creators 2%-10% on the first of the next month to charging patrons 2.9% plus $0.35 per transaction up front and on the monthly anniversary of their first pledge beyond the 5%… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/qz6jR3i3F8w/
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