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Learn How to Use PayPal on Patreon

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This article will teach you how to use PayPal on Patreon platform and cover some thoughts on the two systems.

You may have wondered if it would be an excellent option to make a living from your art, regardless of the content model. If your answer is yes, Patreon is a perfect existing opportunity for you to see this dream come true. Getting support from your fans is a great idea and is what every artist should consider. This article will examine how Patreon and PayPal can help you.

Unlocking PayPal on Patreon: Step-by-Step Guide to Seamlessly Accept Payments and Support Creators

Suppose you’re looking to make a living from your art. In that case, this is an excellent opportunity to make money, whether it’s videos, podcasts, music, photography, or any other art form. You have people who follow you and like your work. 

So, these people are willing to contribute financially to support you in any way. In that case, Patreon is a good and efficient way to do that. This will allow you to work on what you love and earn money for it, set up your routine, and still work from the comfort of your home.

What is Patreon

It is a platform where creative people, so-called content creators, earn money from their work created for their subscribing members. In this sense, musicians, YouTubers, bloggers, painters, writers, and all artists seek financial support directly from their fans. 

Media creators propose subscription packages of different values and with certain rewards to their subscribers, giving them the power to choose what suits them best. Creators offer access to exclusive content such as saying “hello” or sending a “hug” to a member. 

Or even video or voice calls having this more direct communication with fans, and even unreleased songs first hand. In this way, each artist chooses how to please their members. Patreon was born in 2013 from an idea by musician Jack Conte along with his friend Sam Yam. Tired of not being successful in his business, Jack aimed to make a living with videos published on his Youtube channel. At that time, he spent a lot of money on his projects and did not reach the goal he expected with them. 

Then, he had the brilliant idea of creating a platform geared for customers to pay a certain amount of money to each creator who publishes his work within the software. A statement that changed his life from night to day. Jack recently uploaded a video to YouTube encouraging his fans to support him through a website he and his friend had created. 

With the promise that there they could download his new music for free and keep the commitment to help him finance his upcoming videos through the new platform. To start using Patreon is entirely free. The site profits by receiving a percentage of the amounts raised from each artist plus a fee for processing these payments. These percentages depend on which subscription the member chooses.

When launching the platform, he invited 40 other artists to sign up for the platform. Still, no one was interested in the proposal. Jack, his girlfriend, and Sam were the only people on Patreon when the site was launched. Still, soon word spread about the thousands of dollars from his subscribers. And many creators came to the platform with the same goal, to live off their art and get paid for it. He then got an excellent return from his fans. He started to live exclusively from his idea, completely changing his life.

Currently, Patreon has approximately 250,000 content creators with the most varied salaries. It has about 8 million monthly subscribers and earned the creators about $3.5 billion. Company founded by a creator, thinking of other creators.

Income On Patreon

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Patreon says that there are many factors regarding how much income a creator can receive from the site. This then includes the existing number of fans, the supporter base of each artist willing to pay for their work, and how attractive the rewards come from these artists with their members. For, creators offer reward levels and different subscriptions, so members are connected to additional benefits.

Who Can Work on Patreon

All different classes of artists can use the platform and get the support of their fan base, so these are some examples of creators:

  • Musicians;
  • Writers;
  • Podcasters;
  • Influencers;
  • Video Creators;
  • Photographers;
  • Visual Artists; and,
  • Gamers.

PayPal

PayPal was started in 1998 in the United States. Its founders are Elon Musk, Peter Thiel, Max Levchin, Ken Howery, and Luke Nosek. With the initial idea of providing payment solutions, the company was initially focused on expanding the models of transactions made with money. It was then a platform capable of generating digital payments and providing online transaction work without needing a physical bank.

Over the years, the company’s expansion made essential partnerships. In 2002 PayPal became a payment provider for the eBay platform. As a result, more brands were joining PayPal. Today, according to data provided by the company, it has approximately 429 million active accounts, reports about 5.5 billion payment transactions, and is currently present in almost 200 markets worldwide.

People use it to make payments, receive, transfer and even collect money. As well as there is the possibility of getting a digital wallet, where you can add credit cards and manage financial transactions through the PayPal application.

How to Use PayPal on Patreon

Seamless Integration: Connecting PayPal to Patreon for Easy and Secure Payment Processing and Support for Creators

As seen earlier, Patreon is a subscription platform managed by artists and content creators. And PayPal is a company that processes payments for individuals and businesses, so it is possible to use PayPal within Patreon.

That way, you can authorize your PayPal account as a payment method for your Patreon members. And When the payment is processed, your PayPal wallet will be used as the funding means.

PayPal also allows its users to receive payments or donations as a digital bank. Patreon, on the other hand, is a platform only for artists’ content creation. So, both programs can be used to run subscription campaigns. However, they do it differently, making them unique and different.

One feature to note is that Patreon pays its artists every month. At the same time, PayPal allows users to make daily withdrawals. You can combine the two platforms, using PayPal as a payment method for subscriptions within Patreon and PayPal as software for creating your content and interactions with members.

Fees

It is essential to highlight this issue because it makes some users prefer PayPal to Patreon. Due to Patreon’s fee being somewhat expensive and somewhat unfair, the platform charges around 5% of each donation for work done on the Lite subscription. Or up to 8% for Patreon Pro subscribers and approximately 12% for Patreon Premium users. 

Artists are also charged for payment processing. Besides this, you cannot withdraw directly using the platform. Therefore, you should use PayPal or Payoneer. The choice of withdrawing directly from a bank is only available to content creators in the United States.

PayPal charges around 1% between $0.25 and $20. International artists pay approximately 3% for each payment to their PayPal bank. Thus, PayPal is the most affordable way compared to the Patreon platform.

Therefore, it is good to know all this information to understand and consider if you want to earn from your work. Patreon and PayPal are great tools to turn your dream of working with what you love into something concrete and tangible. So if you want to spend less and earn more, PayPal is a perfect choice. But it would be best if you remembered that the platform is only for the payment of its members; the technical part will have to be done by you.

Patreon, on the other hand, was created especially for crowdfunding purposes. It has all the means and resources to receive support from your audience. You will manage your campaigns without headaches or extra fees. Also, you can rest assured that if there is a problem, Patreon will handle it.

Final Thoughts

So, both services allow artist creators to accept support from their recurring fan base. Still, PayPal and Patreon differ in some aspects, so you must know this. Finally, this article helped you, so make your choice and start working today with what you love.