UK based banking and payment technology company VibePay announced a partnership with StreamElements, a top streaming assistance platform. What’s more, VibePay changes the payment game in the streaming industry with no fees involved and an affiliate program.
— VibePay (@VibePay) December 18, 2020
VibePay x StreamElements Partnership
The two brands join together to revolutionize the streaming and payment industries by taking out the middle man. Streamers who use VibePay for their viewers will be rewarded directly with a better return on donations. Because current streaming platforms like Twitch attach fees on how viewers and streamers transfer money, the industry will see a large change with this implementation.
— StreamElements (@StreamElements) December 18, 2020
Notably, this partnership also launches an affiliate program between the two. To celebrate the new relationship with StreamElements, the VibePay affiliate program rewards streamers for connecting viewers to VibePay. This program will look to reward affiliate streamers through referral rewards, sponsored giveaways, and competitions.
“StreamElements provides content creators with the platform to turn their passions and talents into a business.” Shay Ben Yacov, Product Manager at StreamElements, said. “With streaming becoming the main profession for many users on our platform, VibePay will help these creators get paid easily through tips while being able to keep 100% of what they are given. This is just the start of the journey with the team at VibePay and we can’t wait to see what 2021 has in store.”
As the streaming and content creation community rapidly grows, so too does the need for fair pay. Currently, massive platforms like Twitch don’t give streamers all the revenue they earn. To prevent losing out to fees, VibePay is working with StreamElements to revolutionize payments. These partners are trying to help streamers get the rewards of their work instantly and without fees.
“Gaming is one of the most creative and rapidly growing industries in the world, yet the community is still making and receiving tips through dated payment methods.” Luke Massie, CEO of VibePay, said..”As streaming is the main source of income for many people, they shouldn’t have to pay unfair fees and wait days, or even weeks, to receive tips which they rely on to live. Payments should be instant and seamlessly integrated into the streaming experience with no fees. Through our new partnerships, we want to make content creators’ lives easier and also help others who want to make the streaming dream a reality.”
VibePay will continue growing its community in the meantime as it looks to take over the money transfer and streaming industry. Helping content creators get properly paid through a major platform like StreamElements is huge when it comes to supporting the gaming industry. Interested fans and streamers can check out the open banking technology on the VibePay website.
Written by Justin Amin
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