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silentius / silentius satoshi
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2024-08-13 14:22:29

silentius on Nostr: For applications similar to Patreon who have creators making profit off their content ...

For applications similar to Patreon who have creators making profit off their content using Patreon’s platform, the creators either have to deduct 30% of their total earnings to pay the Apple Tax, or increase their daily/weekly/monthly subscription fees to their fans by 30% so it falls on the subscribers and not the creator.

On top of that, “Patreon does charge fees of its own that fall well below Apple’s. It takes 8% of subscription payments, a 2.9% processing fee plus 30 cents for most credit card, Venmo, and PayPal payments, and a 25-cent fee for each direct-deposit payout.”

Sources:
https://news.patreon.com/articles/understanding-apple-requirements-for-patreon
• CEO Jack Conte on YouTube: https://m.youtube.com/watch?v=L-LoTH3PzgM
https://www.pcmag.com/news/patreon-to-creators-sorry-we-have-to-let-apple-take-a-cut-of-in-app-support
https://techcrunch.com/2024/08/12/apple-says-patreon-must-switch-to-its-billing-system-or-risk-removal-from-app-store/
Author Public Key
npub13vftmhzzxxyuvcq4d643agzwr4zvce3pc4gvxymgvuzlwpxa4z2sq4sjd9