These processing fees tbh, good fucking lord https://mastodon.social/media/ls2I5tBI_QAcYVrbOeI
patreon: *casually makes $400 off of me*
@Gargron
time to promote Liberapay more!
@Gargron This is the exact same reason that Kickstarter can sit back and do very little actual development to further their platform.
Who’s good with maths? 191.88 is 5% of what? @Gargron
@Admin it's public info how much pledges i get...
@Gargron is it? Haha shows what I know. Anywho, just giving you a hard time - it’s well earned! Keep up the outstanding job Eugen!
@Gargron question for you - so they take 10% ... are you suppose to pay taxes on top of that??
@Admin yeah
@Gargron 👎🏼 that seems awfully high - I think I’m in the wrong business 😂
@Admin @Gargron Time for bitcoin to get it's shit together and come to the rescue.
@Gargron So Paypal’s better?
@Gargron Why did the processing fee percentage increase so much? Did you end up having a much higher ratio of low donations to high donations?
@Gargron I haven't read into how it works but if I remember correctly than LiberaPay doesn't take a cut from to donations. They require that you pay a particular sum up front and they probably pay their infrastructure from the bank's interest rate.
@Gargron They have to make a living too, but they should push the % down a little.
@Gargron Did you notice the claim on Patreon's homepage that 10% is a low percentage of fees? https://mastodon.rocks/media/5XgoFjrHWFnYExVzfOs
@Liberapay @Gargron I take this as invitation for switching to @[email protected]