Difference Between Buy Me a Coffee and Patreon

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 ComparisonBuy Me a CoffeePatreon
Founded In 2018May 2, 2013
Founders Jijo Sunny, Joseph Sunny, and Aleesha JohnJack Conte and Sam Yam
MembershipMonthly, YearlyMonthly
Donations/TipsProvidedNot Provided
Sell ExtrasYesNo
Fan ExperienceNo account required, only a 1-tap paymentAccount required
Payment Methods AcceptedCredit card, Apple pay, PayPal, Google Pay Credit Card, PayPal
PayoutInstantTakes up to 30 days
AnalyticsProvidedThe feature is given to the only pro member
FeesThe 5% of all the featuresThe 5%-12% of all the features
Live Chat Feature24 × 7No 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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