Clubhouse application to launch Payments feature in India; to comply with IT rules , check specification
Clubhouse application , an invite-only audio chat application, will introduce payments features in India soon, letting users to pay creators for the shows they host on the application. The feature is already live in the United States.
The organization said that it is working to comply with India’s rules and regulations, especially the new IT rules.
“…right now our startup is it’s still small, staffing wise, right we’re just over a year old, and, and I don’t think the government has laid out all the details around how these laws will apply to companies at different stages, but our goal is to work to ensure that the platform is in line with the country’s laws and regulations. And so that’s absolutely on our radar and something we’ll be working towards,” Paul Davison, co-founder and CEO of Clubhouse mentioned.
Clubhouse application, which was available on Apple’s iOS initially, saw around one million Android downloads in India, the largest by far in any nation. Globally, it recorded 2.6 million Android downloads, according to data by app analytics platform Sensor Tower.
“We launched payments for a few in the US and then scaled it up. We want to make sure the experience is good. India is going to be one of the few early markets to get it…right now, we want to make sure we cover compliance and users in India,” Rohan Seth, co-founder told ET during a select clubhouse media briefing.
“…we want to roll out basic payments in coming months followed by other payments features,” Davison said.
Davison mentioned that Clubhouse’s business model moves around creators and new features will allow them monetise the content they produce.
When asked about competition from Twitter in the audio chat space, Davison claimed that it is not surprising to see other platforms launching audio features.
“….we have seen that already. Voice is an important feature. There will be new products. We never tried to focus on competition rather focused on the product and community. We are building the best experience,” Davison additionally added.