14.9 C
Washington

Patreon issues are causing paused payouts and canceled subscriptions

Date:

Share:


Two simultaneous issues with payments on Patreon are causing problems for both creators and fans.

Some Patreon creators are unable to access their earnings due to an issue with a payout provider. The issue first began earlier this week with creators saying their payout attempts were failing.

At the same time, some Patreon subscribers are getting notices that their payments are being flagged as fraudulent by their banks. As a result, fans are seeing canceled subscriptions, with some saying they’re unable to see the list of creators they were subscribed to before. On Reddit, one creator said they suddenly lost hundreds of subscribers on August 1st.

Patreon spokesperson Ellen Satterwhite says the two issues are unrelated. Satterwhite says the creator payout problems stem from one payment partner and that others are not affected. In a tweet, the company said it had temporarily disabled Payoneer payments, one of the methods creators can use to cash out their earnings.

The company has seen “a slightly higher-than-normal number” of payments get flagged, though Satterwhite didn’t elaborate on the figure or what was causing the issues.

“We’re sorry for the inconvenience this may cause creators and their patrons,” Satterwhite said in an email.

One explanation that users have floated was that Patreon had switched to processing payments in Ireland instead of the US — some subscribers reported that credit card charges were appearing as international. Satterwhite clarified that wasn’t the case.

“We haven’t made any changes to our payments setup, but the descriptor people are seeing may have changed,” Satterwhite says.





Source link

Subscribe to our magazine

━ more like this

What a government shutdown would mean for Medicare beneficiaries

Congress has through Saturday to avoid a government shutdown that would disrupt the U.S. economy and the lives of millions of Americans who...

The Quest 3 is Meta’s last chance to win the headset war before it truly begins

Meta has shipped six VR headsets in seven years. Only one has been an obvious success. The company sold 20 million Quest headsets,...

Donald Trump was a fraud for years as he built a real-estate empire off loans from Wall Street, judge rules: ‘That is a fantasy...

A judge ruled Tuesday that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and...

The S&P is heading below 3,000. Basic math (and a metric beloved by famed economist Robert Shiller) suggests it

Stocks have suffered a rough September, with the S&P 500 dropping from 4,516 at the month’s start to 4,275 by midday on September...

Target says rampant theft forcing it to close 9 stores and that worker and shopper safety is ‘moving in the wrong direction’

Target will close nine stores in four states, including one in East Harlem, New York and three in San Francisco, saying that theft...