Comment on Apple to Soon Take Up to 30% Cut From All Patreon Creators in iOS App
Taldan@lemmy.world 1 week agoLack of competition. No other app store is allowed to operate on Apple devices. They have a monopoly, which is the only reason they can charge as much as they do
Sure, Apple are providing a payments platform, but why do they deserve 10x what Stripe charges?
I don’t believe that 30% cut includes payment processing. That’s an additional fee
Sad to think about how little creators actually get at the end of the day. Example of a $100 donation/subscription:
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Apple takes 30%
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Card companies take ~4%
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Patreon takes 10%
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Taxes take another big chunk
After all that a the creator would have, what, $40?
dan@upvote.au 1 week ago
That’s only true outside of Europe. In the EU, they were forced to allow third-party app stores.
Does Patreon’s cut not include payment processing?
The other thing that’s ridiculous in the USA is how much credit card processing costs. Stripe is around 3%, while in countries it can be half of that (in Australia, it’s commonly around 1% for debit cards and 1.5% for credit cards).