Many creators mentioning they lost hundreds of their patrons suddenly and patrons confused as to why their payments are being declined. Patreon is such an old company that hasnt done anything to improve their service for years while the CEO makes youtube videos and seemingly nothing with the company. I hate how much of a monopoly they have in the space, they clearly have no vision for improving their website or app.
I hate how much of a monopoly they have in the space…
It’s not necessarily Patreon that’s the root problem here. The problem is the foundations of the financial industry (banks, credit card companies, etc) have complete control over the content and products you can exchange for money.
If Wells Fargo decides that your product or content has offended some random executive, they will call up your payment provider (like Stripe) and tell them to close your account. And the payment provider will do it because they don’t really have a choice.
A rejected payment method leading to losing your subscribed list is 100% a Patron problem.
The issue at hand is not (just) rejected payments, they can be fixed. Its the inability of creators to keep their subscribers after it’s fixed.
Agreed, I wasn’t necessarily speaking about this specific issue, just about the broader issue of Patreon and the lack of good alternatives.
Had the same thing happen to me. I got texts about fraud from my bank and an email saying I needed to update my payment. I was wondering what prompted this cause I’ve been using patreon for years and never once had an issue like this.
I hate how much of a monopoly they have in the space
I hate their entire policy around what you can and cannot say or do, on their platform or somewhere else.
When you use Stripe/Paypal as your payment processor you have to be willing to accept whatever demands they (and the banks backing them) decide to make on any given day.
Let’s not even talk about Visa and MasterCard. They could choose to end your business at any time.
Like Tumblr or PornHub
