Regarding processing fees

[michaelprescott]

As far as I can tell, this increases Patreon’s cut of gross payments. If this costs me more than 10% of my Patrons, I will come out worse off.

Patreon's cut is increasing?

Let’s say I have 400 patrons with $1 pledges. (I’m simplifying, but that’s not far off.) Let’s assume each of them supports an average of three creators. Half of them pay by PayPal, half of them pay by credit card. From what I can tell, in the November 2017 fee model, I’m going to be earning 86% of my patreon payments. They pay $400, Patreon takes 5% ($20), and then I pay $23.61 to Stripe, and $12.83 to PayPal. This leaves me with $343.56, which is 86% of what my Patrons paid. In the new mod…