SoundExchange Launches Mobile Payment Option For Royalty Distributions

SoundExchange has announced a new initiative that will allow registered creators to receive their royalty payments via mobile payment apps. Cash App is the first mobile payment application in place for registered creators to take advantage of, with additional options available soon.

The initiative builds upon SoundExchange’s release of a mobile app (available for Google and Apple) and digital tools, as well as new partnerships to support creators.

“Meeting creators where they are with easy, accessible tech solutions is a priority for SoundExchange as we enter this next chapter in our journey to support creators,” notes Michael Huppe, President and CEO of SoundExchange. “As mobile payment apps have become increasingly popular, we’ve listened to our community to ensure that we are offering the payment options that best fit their needs. Today’s announcement demonstrates SoundExchange’s leadership in embracing the latest technology trends, and we are happy and excited to have Cash App on board to launch this initiative.”

Creators are encouraged to contact the SoundExchange Customer Services team to learn more about app-specific eligibility requirements and to sign up to receive royalty payments via Cash App.

Creators will still be able to receive royalty payments from SoundExchange via monthly domestic direct deposit in the U.S. and international direct deposit in select local currencies or quarterly paper checks.