AsherBee
CREATOR
about 23 hours ago

Project Update: 40 Failed Pledges :(

Hi Everyone!

Just a small update. We have a 40 failed card charges.

$17,055 collected (387 pledges)
$2,170 failed (40 pledges)

If you are already updating, or in the middle of updating your card information, this check-in isn't directed towards you. Thank you for being on top of it. <3 

Anyone else who may be having issues with your payment, please update your card information. Dropping out before the campaign ends is totally valid, and circumstances change within a 2 week period, but once the campaign ends, and those numbers become permanently affixed to the front page of the campaign, failed card charges effect the whole project. 

The funds that aren't collected, are not replaced by Backerkit. I had a backer assume this once, so I'm just putting it on the record that Backerkit helps to remind you about your unfulfilled pledge, but it is not their responsibility to supplement what we're losing from failed pledges. 

The current $17,055 does not all go to the pins, shipping materials, and stickers. This amount has fees taken out for use of Backerkit's platform, and then the card charging fees also come out. So what we are currently missing in failed charges, would have been close to what all of those fees will amount to. 

I hope that at the end of the day, some of the 40 backers are not pledging to unlock a pin, in hopes of later coming back to see if there are extras that they can purchase in the Etsy shop instead of contributing now. When we can't afford to make extras, because we currently lack the funding, we can only make enough for the actual pledges. And with the current inflation issues, it is very rare that I can reorder for more pins once I run out. 

-Ashley



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