What is better buy me a coffee or Patreon?

What is better buy me a coffee or Patreon?

Wow, long time no writing. I’ve been super busy, plus BiSoga died (RIP). Anyways, this isn’t about me or BiSoga, it’s about Buy Me A Coffee and Patreon. This is not 100% true legit fact by the way, you can believe what you want about these sites.

What Is Buy Me A Coffee?

Buy Me A Coffee, which I’ll refer to as BMC, is a site similar to Patreon. Creators have the option to have one time donations or recurring memberships, or a (digital) shop as well. Instead of dollars, the site currency is “coffees”. The creator can set how much money ($/€) one coffee is worth. Then the visitors can choose how many “coffees” they want to donate, which will add up to a total $/€ amount. (Ex: 1 coffee = $3, 2 coffees = $6) Screenshots below.

What is better buy me a coffee or Patreon?

What is Patreon?

Patreon is a site similar to Buy Me A Coffee. Creators have the option to have one time donations or recurring membership levels. These levels can be priced differently, with different perks for each level. The site currency is the regular $, €, etc. Also, Patreon isn’t meant for individuals who just want donations — it’s meant for projects like developing, painting, singing, etc. Screenshots below.

What is better buy me a coffee or Patreon?

rip bisoga

Patreon & Buy Me A Coffee Comparison

Overall Patreon and BMC are pretty similar, until we get into the cracks and crannies of each site. Actually, here’s a table since it would be hard to understand with plain text.

What is better buy me a coffee or Patreon?

Enough talking - Which one is the best?

Well, the score is BMC[11] and PAT[8]. It’s really up for you to decide, but if you can’t i’ll tell you which one I use and why I use it, right after this commercial break. [Raid Shadow Legends Ad] Ok, I use Buy Me A Coffee. I use this site because:

- Patreon has a bug where a user can chargeback a donation AFTER it was deposited in your bank account
- BMC, in my opinion, has a cleaner interface than Patreon and it’s less advanced

Overall I think both sites are great depending on what you need them for. Also shameless plug but be glad I put this at the end — Buy me a coffee by clicking here :)

ight imma head out
~ Will McCrudden

Buy Me a Coffee is an online platform that offers creators to get paid and connect with their fans directly. The online platform is founded by Jijo Sunny, Joseph Sunny, and Aleesha John in the year 2018.

The company is founded by Jack Conte and Sam Yam in the year 2013, May 2. The tools provided by the platform are used by YouTube videographers, webcomic artists, writers, musicians, podcasters, etc.

Comparison Table Between Buy Me a Coffee and Patreon

Parameters of Comparison Buy Me a Coffee Patreon
Founded In 2018 May 2, 2013
Founders Jijo Sunny, Joseph Sunny, and Aleesha John Jack Conte and Sam Yam
Membership Monthly, Yearly Monthly
Donations/Tips Provided Not Provided
Sell Extras Yes No
Fan Experience No account required, only a 1-tap payment Account required
Payment Methods Accepted Credit card, Apple pay, PayPal, Google Pay  Credit Card, PayPal
Payout Instant Takes up to 30 days
Analytics Provided The feature is given to the only pro member
Fees The 5% of all the features The 5%-12% of all the features
Live Chat Feature 24 × 7 No such feature is provided

What is Buy Me a Coffee?

Buy Me a Coffee is a company that helps in raising funds for creators and asking for donations from fans and supporters. It also ensures secure and safe transactions with ease and comfort.

The subscription provided by the online company is both monthly and yearly. Along with that, it also provides the feature of donations or tips.

For processing payment, no account is required, and the payment is simple, just a one-step process. The mode of payment accepted by the company is – credit cards, Google Pay, PayPal, Apple Pay.

What is Patreon?

Patreon is a company which is based in America, and the business of the company is to provide online content creating tools to the artists so that they a run a subscription plan.

The company was founded by Jack Conte and Sam Yam on May 2, 2013. The company headquarters is located in San Francisco, United States.

The mode of payment accepted by the Patreon website is only the credit cards and PayPal. And the charges of fees taken by the company is about 5%-12% of all the features provided.

Main Differences Between Buy Me a Coffee and Patreon

  1. The fees for the Buy Me a Coffee is 5% of all the features, while the fees for Patreon is that it charges about 5%-12% of all the features. 
  2. Buy Me a Coffee allows its users for 24/7 live chat support while Patreon doesn’t provide this feature. 

Conclusion

With plenty of options available in the market, the borrower must search, find, fact check before selecting or buying the new product.

Buy Me a Coffee and Patreon both are online platforms allowing the users to create and sell their art and get paid for it as required.

References

  1. https://link.springer.com/article/10.1007/s10824-020-09381-5
  2. https://www.tandfonline.com/doi/abs/10.1080/02732173.2021.1875090
  3. https://www.tandfonline.com/doi/abs/10.1080/19320248.2011.576210

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Table of Contents

  • Buy Me a Coffee vs Patreon
  • Comparison Table Between Buy Me a Coffee and Patreon
  • What is Buy Me a Coffee?
  • What is Patreon?
  • Main Differences Between Buy Me a Coffee and Patreon
  • Conclusion
  • References

What is better buy me a coffee or Patreon?

Is buy me a coffee a one off payment?

Buy Me a Coffee is free to use, but there is a transaction fee charged for all payments. And it makes sense, otherwise, this service would be hard to maintain. You'll be charged a 5% transaction fee and get to keep 95% of all earnings. The platform also only makes money only when you do.

Is it possible to do a one time donation on Patreon?

At the moment, Patreon only offers recurring memberships, and one-time donations are not available. All Patreon memberships recur on a monthly or annual (if your creator has this available) billing cadence. You can learn more about how creators can bill their patrons in our article: Understand my payments to creators.

Does buy me a coffee have fees?

Is there a fee to use Buy Me a Coffee? We don't charge a monthly fee. All features including publishing and emails are free for everyone. We charge a 5% transaction fee, and creators keep 95% of the earnings.

What does buy me a coffee do?

Buy me a coffee is a service for online content creators that they may use to receive tips and donations to support their work. While the title is "Buy me a coffee," subscribers are donating money to you. It is essentially adding a donate button to your website or content, but with a little more subtlety.