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Facebook Launches Ability for Creators to Earn Money via Paid Online Events

Saichaitanya4496

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Facebook announced that it’s letting businesses, creators, artists, educators and media publishers generate cash from holding online events on the virtual platform.

The social media giant is promising to not collect any fees for paid online events for at least the next year. However, for payments Facebook users submit through the app for Apple’s iOS app, Apple will keep 30% of the revenue.

“With social distancing mandates still in place, many businesses and creators are bringing their events and services online to connect with existing customers and reach new ones,” Fidji Simo, VP, head of Facebook App, said in a statement.

Facebook Launches Ability for Creators to Earn Money via Paid Online Events, Apple Will Take 30% of Payments Made Through iOS App
 
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