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Apple to Soon Take Up to 30% Cut From All Patreon Creators in iOS App (www.macrumors.com)
submitted 7 months ago by to c/technology@lemmy.world
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cross-posted from: https://lemmy.ca/post/59469059

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[–] 2 points 7 months ago (1 child)

Lack 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:

  • Apple takes 30%

  • Card companies take ~4%

  • Patreon takes 10%

  • Taxes take another big chunk

After all that a the creator would have, what, $40?

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  • [–] 1 point 7 months ago*

    No other app store is allowed to operate on Apple devices

    That's only true outside of Europe. In the EU, they were forced to allow third-party app stores. The US government doesn't have the guts to do that, since they focus more on the needs/wants of companies, whereas the EU is really focused on consumer rights.

    • Card companies take ~4%
    • Patreon takes 10%

    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).

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