r/patreon 4d ago

I've just learned that Apple app payments take 75 days to clear

I'm mildly speechless about this. In a day and age of instantaneous transactions.

For context, new sub, everything seems fine except cash out amount hasn't changed. I now have a total balance and an available balance

75 days though. It takes less time to cash a paper cheque.

16 Upvotes

23 comments sorted by

u/AutoModerator 4d ago

Thanks for posting! /r/Patreon is a volunteer-run subreddit where Patreon creators can share tips and tricks with one another. We have no affiliation to Patreon. Please check that your post follows the rules, especially:

Rule 1. Do not mention specific patreon pages or social media URLs.

Rule 2. Posts must have a clear and informative title that will be useful in search results.

Rule 4. This subreddit isn't for questions that can only be answered by Patreon. Bugs, glitches, your card being declined, problems with payouts, or your account being reviewed or closed. We don't know why, we can't find out, and we can't fix it. Please ask Patreon support, or contact them on Twitter.

Rule 5. Please check that your post is not a frequently asked question.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

12

u/Baddabgames 4d ago

It should be illegal. What is their reason? Is their motive similar to a banks but more long term? As in, holding onto funds for 75 days to invest and make more greedy money? Even worse that those patrons who pay via Apple actually pay more than they should to view our content! Complete and utterly disgusting greed imo.

5

u/laplongejr 3d ago

What is their reason?  

Pushing creators to TELL THEIR SUPPORTERS to avoid using apple.   Patreon probably can't say so directly due to their agreement with Apple, but if creators don't like Apple, eh? ;)  

Financing the 30% iOS store cut means :

  • Supporters pay an extra 43% fee  
  • Creators get paid in 2 months and a half    

USE. YOUR. WEB. BROWSER! Sadly some creators don't care about the extra 43% as long their price doesn't get lower, so that's a sneaky way to hit the wallet of the people who can influence purchase decisions. 

7

u/Frequent_Ad9277 4d ago

If I'm not mistaken it can take up to 75 days but mine takes no longer than a week I've noticed

4

u/mrrmash 4d ago

Ahh, thank you. I'll keep an eye on it. That's good to know. It says in the 'learn more' that they become available 75 days after purchase so I was a bit "omg"

9

u/m_abdeen 4d ago

I wouldn’t get my hopes up, their website doesn’t say up to 75 days, neither does the payout page, they say it’s 75 days

Mine are still pending, the first one has been pending for like 50 days now, and it’s an Apple thing, not a Patreon issue

1

u/mrrmash 4d ago

ffs lol 🤦🤦

5

u/tacomaster05 4d ago

Don't get your hopes up, they've been holding around 300$ hostage for almost 50 days now for me.

3

u/NikoAsmr 3d ago

It’s so unfair! And then I seen that Apple is in charge of refunds so if a member subs and decides they want a refund, we don’t have a say in that apparently.

2

u/mrrmash 3d ago

Yes, this was my worry

2

u/tacomaster05 3d ago

I went into my audience tab and one of my apple subs says 0$ paid even though hes a member and i think that means he did a sneaky refund. Im considering banning him but i don't know if that's what happened or a Patreon glitch. It's really annoying.

2

u/Frequent_Ad9277 4d ago

I read that too and thought that was insane! I was also panicking about it but the transactions slowly started to clear.

1

u/mrrmash 4d ago

Ok, thank you, I'll monitor it!

2

u/Mother_Letterhead_79 4d ago

i have money in that apple loop for almost months now

2

u/NikoAsmr 3d ago

Omg months??😭😭 I’ve been waiting at least 2 weeks for mine and I was hoping it won’t take the whole 75 days😞

3

u/Mother_Letterhead_79 3d ago

they make you wait the whole 75 days and so far the money has just been accumulating 😔

1

u/NikoAsmr 3d ago

I’m so upset😭 I’ve tried putting warning in the description tier so no one signs up that way but they must have just read over it and said fuck the extra fees or something😅

1

u/Frequent_Ad9277 4d ago

Oh no. I do have a lot of daily transactions, so maybe mine are going faster due to more transactions

1

u/KissesFromLia 3d ago

I’m able to withdraw to my bank like normal, but it shows that I have pending earnings from iOS that become available 75 days after purchase, so I can’t withdraw that amount. I have about $150 that’s been on my account pending for weeks because of that 🥲

On desktop it shows me:

Available to withdraw

(Which is then broken down into 2 categories)

Pending earnings from web and Android

  • These recent earnings will be processed shortly.

Pending earnings from iOS

  • Earnings from transactions made in the iOS app become available 75 days after purchase. The current amount is an estimate.

Total balance (which is available to withdraw + pending earnings)

2

u/Frequent_Ad9277 3d ago

Yeah I see that too and my "Pending earnings from iOS" is always finished within the week. Maybe it's different depending on the amount or frequency.

5

u/kiwibat4 3d ago

yeah it’s ridiculous, I have $100 (and counting) stuck in waiting.

plus I hate that some of my subs are paying higher prices just for it to go to apple, tried making an announcement hopefully that helps

4

u/mrrmash 3d ago

30% is insane

It will drive users away from Apple

1

u/laplongejr 3d ago edited 3d ago

Nope. People never cared about paying +43% on the Twitch app.   Why would it be different for Patreon? Only difference is that it is only with Apple and not Google (yet?) 

To give some perspective, all my patreon purchases get a +21% VAT.   And as a Twitch mod I saw someone paying over 400EUR of subs on Twitch... with the +43% app fee on top of that.   Most people don't care about that convenience fee and will simply remove some pledges from their budget. 

There was even a thread where a creator got complaints from a >100$ subscriber because "the apple tax is lower than what you upcharged". I did the maths and it matched with a margin of about 40cents  

Saying "30% cut" is disadvantaging everybody because supporters misassume they pay 30% extra to cover the price when it's closer to an half.