Today we’re excited to announce our first steps toward better serving our global creator and patron community! We have creators and patrons from over 180 countries, which is something we’re really proud of. One of the things creators and patrons ask for frequently is to be able to pay and get paid in their local currency, as well as using the payment methods of their choice. Today we’re starting down that road!
We wanted to give you the full picture of where we’re going with it in 2020 and what it means for you and your patrons.
We’re starting in Europe! We’ve opened a small office in Berlin and we’re beginning the process of accepting and paying out in Euros (€) and British Pounds (£). For now, the new currencies are only available to new creators who launch on Patreon from today forward. However, we’re working hard to roll out these currency options for you current creators on Patreon and your patrons in a few months time!
Here are the details on how the new currency support works today, and how it will work when it’s ready to roll out to everyone:
Phase 1: New creators who launch starting from today can now choose one of the 3 currencies (€, £, or $) to both be paid in and display to potential patrons. For now it must be the same currency on both sides of the equation, but that will change within the next few months.
Phase 2: In just a few months, you and all creators will be able to choose one of the 3 currencies (€, £, or $) as your payout currency. Your potential patrons will be able to choose one of those currencies when they join your membership, which may be different than the one you get paid in.
One question you may have is whether a patron who is paying in USD ($) today will be able to switch to EUR (€) or GBP (£) in the future. We’re working on a plan to make that seamlessly possible, and will have details to share in a few months.
To get all the details on currency support and read more answers to questions, including what to tell your patrons about when we’ll support their local currency, you can read this help article.