It’s a common practice, twitch does the same. It probably just scales with a very large amount of payments that would be needed otherwise, especially with all the shovelware steam gets these days.
Comment on I'm A Game Dev Who Got Layed Off From His Non-Game Dev Job
DanceMomsSavedMe@lemmy.zip 4 days ago
Man I like Valve but I hate this shit about not paying you until it gets to $100.
They cite the cost of sending and receiving money, dude that is practically nothing for business I mean what like 3-5%.
Its a pretty shitty practice to be real.
On the other hand I suppose they do have a lot of games listed that probably never get past the $100 mark but still. They still got the 30% cut they take out of that fees and costs be damned!
LwL@lemmy.world 4 days ago
DreamlandLividity@lemmy.world 4 days ago
The payout cost is probably less about the bank fee and more about accounting and other managing overheads. Remember that steam may have to handle refunds that happened after the payout. Would be a mess to chase a few dollars from a dev that doesn’t have a proper revenue stream. Just not worth it to steam.
DanceMomsSavedMe@lemmy.zip 4 days ago
This makes sense thank you for pointing this out looks like there was a few things I didn’t understand about this process.