Facebook Launches Paid Online Events, Says Apple Will Take 30% of Payments Made Through iOS App

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

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

For transactions on the web, and on Android in countries where the company has rolled out Facebook Pay, businesses and creators will keep 100% of the revenue they generate from paid online events. Facebook said businesses and users with Pages in the U.S. and 19 other countries that meet its partner-monetization policies can start charging for online events. Facebook users can“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,” Simo said.

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