X Replaces Stripe With X Money for US Creator Payouts
Social platform X is moving U.S. creator payouts to its own payments service, X Money, as it expands the role of its financial products within the platform. Starting Wednesday (Sep. 2), all payouts to creators in the United States participating in X’s Original Content Rewards Program or receiving subscription revenue will be processed through X […] The post X Replaces Stripe With X Money for US…
X is transitioning U.S. creator payouts to its own payments service, X Money, as it increases the scope of its financial products within the platform. Starting on September 2, payouts to creators participating in X's Original Content Rewards Program or earning subscription revenue will be processed through X Money, replacing the previous Stripe service.
This change is mandatory for U.S. creators, while international creators will continue using Stripe. X Money offers additional features such as a bank card with cash back, instant payments, and free ATM withdrawals. The shift aligns with X's broader strategy to enhance its creator monetization efforts by focusing on original content through the Original Content Rewards Program, while retiring its Creator Revenue Sharing Program on September 7.
Brief written by urgent.news from PYMNTS's own syndicated text. Machine-written — may contain errors; check the original before relying on it.