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Facebook plans to roll out subscription payments for video content

Wednesday 21 March 2018 13:12 CET | News

Facebook has announced that it will launch a subscription payments programme through which users can support their favorite video creators. 

Recode reports that the subscription services may be available in mid-April 2018. “Ffans can send creators money each month in exchange for things like exclusive content, or a badge to put on their profile to show they’re a supporter”

Subscriptions start at USD 5 per month and the social media network will not take a share out of the proceedings. However, Apple and Google, which will handle payments processing on their platforms will take standard 30% cut for all in-app purchases they facilitate. 

Facebook says the new subscription feature will go live in April, with just 10 creators throughout the US and UK. 


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Keywords: Facebook, subscription payments, online payments, Google, Apple, social media payments
Categories: Payments & Commerce
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Countries: World
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Payments & Commerce






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