Unfortunately, changing the payment structure to what they're proposing - while easier to understand - removes any payment-processing value that Patreon was providing. Putting the friction back into these kinds of micro-donations.
Seems like a bad business move to me. The hard problem here was making micro-donations cost-effective, not creating a website where creators could host links to content.
Edit: The relevant paragraph.
> To do that, we need to move our payments system to treat your pledges like any other subscription service. In other words, we need a system that charges patrons at the time of their initial pledge, and on the anniversary of their pledge each month thereafter.
So every individual monthly pledge will result in a CC transaction now. I'm guessing in cases where two pledges fall on the same day Patreon will still do one CC transaction and pocket the $0.35 they saved?
Unfortunately, changing the payment structure to what they're proposing - while easier to understand - removes any payment-processing value that Patreon was providing. Putting the friction back into these kinds of micro-donations.
Seems like a bad business move to me. The hard problem here was making micro-donations cost-effective, not creating a website where creators could host links to content.
Edit: The relevant paragraph.
> To do that, we need to move our payments system to treat your pledges like any other subscription service. In other words, we need a system that charges patrons at the time of their initial pledge, and on the anniversary of their pledge each month thereafter.
So every individual monthly pledge will result in a CC transaction now. I'm guessing in cases where two pledges fall on the same day Patreon will still do one CC transaction and pocket the $0.35 they saved?