Twitch to Offer Lower Minimum Payout Threshold for Streamers
In the world of online broadcasting, Twitch is one of the biggest platforms available. Despite the fact that streaming platforms have seen a decline in growth recently, the Amazon-owned service is still doing well, pulling in millions of viewers each month. While the majority of people do it for fun, it is possible to make some income from it, perhaps even go make a career out of it. Given this, there is a new update that's coming soon which should make payments more regular for streamers.
According to the latest Twitch blog post, the site is updating the way that it pays content creators. Currently, a minimum threshold of $100 needs to be reached before a user can draw out funds. However, this will soon be lowered to just $50, with the post going on to say that this should create a «faster payout experience.» The plan is to roll out this update tomorrow for Argentina, Italy, Japan, Mexico, Spain, and Taiwan, with other countries following soon after. It's expected that around 70,000 streamers will benefit from this lowered threshold once it rolls out completely.
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While there are a minority of Twitch streamers who make hundreds or even thousands per hour, such as Asmongold, Pokimane, and PaymoneyWubby, the vast majority of creators don't make anywhere near such lofty incomes. While many simply stream for fun, it is possible to make a little bit of money, and there are some who can even turn it into their job. In any case, not having to wait until $100 has been earned will be a good thing for most streamers. The blog post even says that the company would love to make it possible to have funds available as soon as a stream is finished.
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