Viral audio app Clubhouse floats payments feature for creators

Audio Streaming app, Clubhouse

The fast-growth, invite-only audio-chat app Clubhouse has said it will launch a monetization feature for its creators on the platform and that it will not receive any payment from it.

Starting from Monday, all users will be able to send payments through the platform, Clubhouse said. The feature to receive payments will initially be available only to a small test group, and later rolled out to other customers.

Users can send payment to Clubhouse creators who have the feature enabled, by tapping a ‘Send Money’ option. The audio-based social network company said a small card processing fee will be charged by its payment processing partner, Stripe.

The San Francisco-based company, whose app lets people gather in audio chatrooms to discuss different topics, requires newcomers to be invited by existing users before they can join. THis follows the same model Facebook (famously) utilised when it initially launched.

The app saw its global user numbers soar after Tesla’s CEO Elon Musk and Robinhood Chief Executive Vlad Tenev held a surprise discussion on the platform.

In the year since it started, Clubhouse has faced criticism over reports of misogyny, anti-Semitism and COVID-19 misinformation on the platform despite rules against racism, hate speech, abuse and false information.

Related Article:
AT&T takes on $5.5 billion loan to boost 'financial flexibility'

The team at Platform Executive hope you have enjoyed this news article. Translation from English to a growing list of other languages via Google Cloud Translation. Initial reporting via our official content partners at Thomson Reuters. Reporting by Maria Ponnezhath in Bengaluru. Editing by Sherry Jacob-Phillips.

Stay on top of all the latest developments across the platform economy and gain access to our problem-solving tools, proprietary databases and content sets by becoming a member of our community. For a limited time, subscription plans start from just $16 per month.

Share this article