![]() Spotify was able to streamline both payment acceptance and identity verification for its podcasters by using Stripe Connect. A podcaster in Paris, France, for example, can now receive their payouts in Euros, even if their fans are paying for their monthly subscriptions in dollars from Hong Kong, in kroner from Denmark, and in francs from Switzerland.Īccelerating global podcast subscriptions With Stripe, creators can accept payments from fans around the world, in their preferred currency. Stripe provided the payment infrastructure for Podcast Subscriptions, enabling Spotify to expand the feature to support dozens of currencies for thousands of creators across 30+ countries. Stripe shared our passion for this feature their technology and ability to collaborate at speed helped enable the launch of Podcast Subscriptions in 2021, connecting creators and listeners across the world.” Michael Mignano, Global Head of Talk Verticals, Spotify, said: “Spotify Podcast Subscriptions make it easy for creators to establish and manage an important new revenue stream and for listeners to seamlessly subscribe to content that they enjoy. Stripe’s own analysis shows that creators on just 50 Stripe-powered platforms have earned nearly $10 billion in revenue, while the popularity of longform storytelling has skyrocketed. As the world’s most popular audio streaming service, Spotify recently launched Podcast Subscriptions, a service that allows podcasters to offer paid monthly content. Spotify’s mission is to unlock the power of human creativity-by giving a million creative artists the opportunity to live off their art and billions of fans the opportunity to enjoy and be inspired by it. ![]() SAN FRANCISCO & NEW YORK-Stripe, a global technology company that builds economic infrastructure for the internet, has partnered with Spotify to help podcasters accept payments, launch recurring revenue streams, and deepen their connection with fans. Spotify joins hundreds of companies partnering with Stripe to power the creator economy. ![]()
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