Clubhouse has a new feature that allows creators to get paid on the app

A new 'Send Money' button will appear on creators' profiles


Carl Adrian

6 Apr, 2021

Clubhouse has a new feature that allows creators to get paid on the app | BEAMSTART News

Clubhouse, the audio-only social networking startup that rose to prominence in recent months, is gearing up for monetization.

The company just launched a new feature which will now allow users to send money to creators (speakers) on the app.

The new "Send Money" button on Clubhouse profiles.

Clubhouse lets users send tips to creators

How the new feature works is simple — A user can now send a payment to other Clubhouse users by visiting their profile and tapping the "Send Money" button (pic above).

The "Send Money" button will appear if the creator has enabled the feature, and senders simply need to bind their credit/debit card to the app in order to make payments.

While all users are able to send money, the ability to receive money is currently only available for a small group of creators, with the feature gradually being rolled out to more users in waves.

Clubhouse founder Davison

Clubhouse has broader ambitions to support creators

In a blog post, Clubhouse mentioned that this move is "the first of many features that allow creators to get paid directly".

Its founder, Paul Davidson, also mentioned that the startup does not plan to go down the advertising path, but instead look towards monetisation in partnership with content creators.

As the new feature is more of a "tipping" mechanism and not a form of content unlocking from within the app, neither Apple or Google will take a cut off the payment amount — allowing creators to keep a bulk of the money.

“100% of the payment will go to the creator. The person sending the money will also be charged a small card processing fee, which will go directly to our payment processing partner, Stripe,” the post reads. “Clubhouse will take nothing.”

Clubhouse today is valued at over $1 billion.

Latest Jobs

Quality Assurance Lead

TLVFintech

Singapore

Full Time

Salary Undisclosed

Content Writer (Esports / Gaming)

MEGPlay

Petaling Jaya, Malaysia

Internship

MYR 400 — MYR 600 monthly

News Editor

British Broadcasting Corporation

Hong Kong, Hong Kong (香港)

Full Time

Salary Undisclosed

Full Stack Developer - Financing Domain

OnDemand Agility

Singapore

Full Time

SGD 4050 — SGD 4300 monthly

EA Personnel (Work Pass)

Trinity Employment

Singapore

Full Time

SGD 2000 — SGD 3500 monthly

Senior Events Manager/ Director

Thomson Reuters

Singapore , Singapore

Full Time

USD 17000 — USD 25000 monthly

Digital Marketing Intern

Undrcut Digital Marketing

Singapore

Internship

SGD 1000 — SGD 1500 monthly

Influencer Marketing Associate

Niagahoster

Yogyakarta, Indonesia

Full Time

SGD 400 — SGD 1000 monthly

English Content Writer

Hostinger

Jakarta, Indonesia

Full Time

SGD 300 — SGD 600 monthly

Fund Accountant

Decacorn Capital

Singapore

Full Time

SGD 2500 — SGD 5000 monthly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest news, events, and opportunities.

 

Download the Community App

Connect with the BEAMSTART Entrepreneurship Community from the palm of your hands. Connect with CEOs/Founders, Investors, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities:

PlayStore ButtonAppStore Button

© 2016 - 2021 BEAMSTART. All Rights Reserved (Legal).