Apr 5, 2021 - Technology

Clubhouse teams up with Stripe for payments feature

Illustration of a cellphone with a word bubble featuring five dollar signs in it
Illustration: Sarah Grillo/Axios

Clubhouse is rolling out the ability to send payments directly to other users, partnering with digital payment company Stripe to facilitate the feature.

Why it matters: Clubhouse has touted plans to help conversation hosts generate revenue on the app amid a growing push for creators of digital and social media content be better compensated. Hosts receiving money will get to keep the entire amount for now.

Details: The company says that for now, while all users will be able to send money, only a small number will be able to receive payments while it's still testing the feature.

  • Users sending money will also be charged a small card processing fee by Stripe.

Yes, but: While Clubhouse says that it's not currently taking a cut from the payments, it's unclear whether this may change in the future.

The big picture: Services that let content producers generate revenue directly from their fans and subscribers like Patreon, Substack, and OnlyFans have been booming in the past year.

Go deeper