Crowdfunding platform Patreon has become a prominent monetization source for many podcasters. By default, Patreon charges backers once per month, and after it takes fees off the top of those charges, it passes payments on to Patreon creators. In response to Patreon users who’ve asked the service to make payments go thru faster, Patreon has added a new Charge Up Front option.
Charge Up Front will only be available to Patreon creators who use the service to collect monthly contributions from their backers. Creators who operate their accounts on a charge-per-creation basis (example: podcasters who only collect from backers when they release a new episode) are not eligible to use Charge Up Front. Current Patreon users who opt to switch to the Charge Up Front option will not be able to switch back to the standard monthly collection system already in use by most Patreon creators. Also, per-creation creators who switch to a monthly-donation plan in order to take advantage of Charge Up Front will not be able to change back to the per-creation option:
Charge up front is permanent and cannot be changed; once you elect to charge your patrons up front, you cannot undo this. If you switch to charge up front from a per creation account type, you will not be able to switch back to charging your patrons per creation.
Another thing to keep in mind about the new Charge Up Front service:
For security purposes, payouts from your account will be placed on a temporary hold for five days after opting into “charge up front.” This feature is gradually being rolled out and is not available for all creators yet. You’ll receive an email notification once it’s available for your page.
If you’re a Patreon user and you’d like to begin using Charge Up Front, follow the link at the top of this article to learn more about the feature and how you can enable it.