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MilX Analytics Reveals New Trends in YouTuber Payment Methods
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2 years ago

MilX Analytics Reveals New Trends in YouTuber Payment Methods

Global

News Summary

MilX Analytics, a fintech startup supported by AIR Media-Tech, has conducted a comprehensive study involving 3,140 YouTube content creators, revealing significant shifts in payment preferences. Traditional bank transfers, while still favored for large transactions, have decreased in frequency by 8%. Direct-to-card payments via Visa and Mastercard have seen a rise in both volume and transaction count, indicating a preference for faster and more convenient options. The use of cryptocurrencies, specifically stablecoins like USDT (Tether), has surged, with a 41% increase in transactions due to their liquidity and acceptance globally. Additionally, Payoneer has gained popularity for smaller, frequent payouts, while PayPal’s dominance is waning. A notable 48.3% of creators have utilized Advance Payments to access future earnings, highlighting a trend towards greater payment flexibility. This shift underscores the increasing importance of speed, cost, and ease of use in managing creator finances.

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