Real pricing and fees
Substack takes 10% of income plus processing fees (2.9% + USD 0.30 per transaction), which works out to about 13-15% effective. Publica Now charges 25% + USD 0.50 flat per paid transaction, all-inclusive. Substack leaves more in each sale, but that gap is offset once you factor in that Publica Now lets your buyer pay in their local currency, that you sell multi-format (not just a newsletter), and that LATAM creators on Substack hit payment limitations.