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This is how paid events work on Facebook: you can now earn money with your direct
Social networks are motivating their creators to produce more and better content, and following in the wake of the monetization of Twitch or TikTok live streams , now are paid events on Facebook, a new way to earn money with your live streams on the social network.
The new function of paid events on Facebook allows from SMEs to large companies, content creators, artists, media or any user to earn money by directing on the platform , a gesture that will help entrepreneurs and companies of any size during the economic crisis we are going through.
Facebook pages can monetize by making live videos
As an example of this, Facebook will not charge fees or commissions for payment events that take place on its platform, not at least until 2022, however it is necessary to clarify that for iOS users the rate will vary, since the creators will only charge 70% of the income because Apple will charge 30% commission on the transaction in the App Store. Facebook tried to avoid this by negotiating with Apple, but Apple refused to change its terms, as happened with the Fortnite incident.
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Be that as it may, this is a great measure that joins other forms of monetization and help that the social network has created in recent months in order to boost the economy, especially now that the quarantine imposed due to Covid-19 has prevented the realization of face-to-face events, the basis of many businesses that have suffered in recent months qnnit.
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Now these companies and users will be able to carry out their paid events on Facebook by making live broadcasts to offer services, for example concerts, yoga classes, piano or even school regularization , anything goes so that the creators can sell these tickets and continue with your businesses by finding potential customers to consume your content.
This new function is already available for Facebook pages in Spain and 19 other countries, and the only condition is that these pages comply with the monetization policies of Facebook partners and start making money with paid events on Facebook.
For now this function is available for Facebook Live , however, the social media giant is conducting tests to include paid events in Messenger Rooms, its new video calling service in which up to 50 users can participate at the same time. that would allow creating events that are not only more personal, but interactive.
This is how you can activate payment events on Facebook

If you comply with Facebook's monetization rules and want to start making money with paid events on Facebook, these are the simple steps you should follow:
• Select the page on which you would like to hold a payment event
• Review and accept the terms and conditions
• Select or set up a payment account. To do this you must enter the information from the tax form, link your bank or PayPal account and accept.
Many pages are pre-approved, if not, once you have completed these steps, your page will go through a review process, and after that you will receive an email notification if you have been accepted. Once your page has been accepted for payment events, you can continue with your event.
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