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BenzingaClubhouse Pilots Payments Feature For Creators As Rivals Close-in, And It Will Take No CutAudio-based social media app Clubhouse said on Monday it is testing out Payments, a monetization feature that will enable content creators on the platform to accept payments from other listeners even as bigger social rivals such as Twitter Inc (NYSE: TWTR) and Microsoft Inc-owned (NASDAQ: MSFT) LinkedIn eye similar audio-based features to gain market share. What Happened: The invite-only social-podcast startup, which is currently available only for iOS users, said Payments is currently being tested in a small group of users, feedback from whom will be used to further fine-tune the feature before it’s made available to everyone. Clubhouse said the feature will ensure 100% of the payments go to the content creator while the payer will be charged a small processing fee that will be diverted to its processing partner, Stripe – a fintech startup with headquarters in Ireland and North America, which boasts of a valuation of $95 billion. The company is projecting Payments as one of the first features that allow creators to get paid directly on the app. Why It Matters: The San Francisco- based Clubhouse is currently a free-to-use app and…
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