Twitch will be paying its streamers more in the coming days.
The popular streaming platform for gamers, vloggers, and those in-between recently announced it would lower its minimum payout threshold for its streamers starting mid-July to select countries.
Twitch is continuously proving itself to be one of if not the most popular live-streaming sites on the internet, with the platform having around nine million active streamers, per Restream, Filmora, and Earth Web.
Twitch Lower Streamer Minimum Payout Threshold Details
Twitch mentioned in a blog post it will soon lower streamers' minimum payout threshold from $100 to $50 on July 15 to a few select countries at first.
The company stated that it lowered the threshold to $50 to create "a better experience" for Creators and their communities and a faster and easier payout experience.
This lowering is also a part of its efforts on building a "trustworthy accurate, and globally accessible experience for everybody."
According to Eurogamer, this statement means that streamers receiving smaller amounts, especially new affiliate streamers, will get their funds more frequently compared to when the threshold was at $100.
For those unaware, Twitch streamers are paid monthly only if they earned more than $100 for the whole month, per Dot Esports. These earnings come through subscriptions, bits, or donations.
Additionally, streamers can expect their money to be added to their account once the lowered threshold is available in their country. For now, Twitch streamers living in Argentina, Italy, Japan, Mexico, Spain, and Taiwan can enjoy the fruits of their streaming more quickly on July 15.
Read More: Sunspot AR3055 May Cause Earth-Directed Solar Flares That Can Lead to Blackouts, Scientists Worry
Twitch promises that more countries will soon be added to the list in the coming months. It is also anticipating that over 70,000 creators will see more regular payouts once the lowered minimum threshold is rolled out globally.
Streamers not living in the previously mentioned countries will be notified when they are eligible for the $50 threshold.
Furthermore, more countries will be added to the list of eligible countries every month through November to ensure that Twitch does the rollout of its lowered minimum threshold correctly and that it can support the needs of creators everywhere while they do so.
Twitch's Payment Revenue Holding Options
The lower $50 minimum threshold is available through Twitch's most popular payment methods, which are ACH/direct deposit, eCheck/local bank, PayPal, and check. However, processing wire transfer payouts will still require a $100 minimum due to transfer fees. As such, Twitch will only pay streamers once they've earned more than $100 despite the lowered threshold.
On the other hand, Twitch promises to hold onto streamers' earnings until they're ready to receive them should they opt to hold off the payment of their earnings temporarily.
"One day, we'd love for you to wrap up your stream and already have the money you earned fromt hat stream in your wallet," Twitch said.
Streamers For A Fairer Revenue Split
You may remember that Twitch streamers were campaigning for a fairer revenue split since 2020.
According to a separate Eurogamer article, a Twitch streamer by the name of SaltyWyvern is calling Twitch to give a fairer revenue split and lower minimum payout to give smaller channels a chance.
Although Twitch has delivered on the lower minimum payout, there is still no word or rumor from the company that it will give a better revenue split between itself and streamers.
Related Article: Is Twitch Testing a Channel Surfing Feature?
