Facebook will now let individuals, businesses and other organizations make money from events held on the platform, the company announced Friday.

True to its name, Paid Online Events allows accountholders to charge for event tickets or registrations for online events held on Facebook. According to vice president Fidji Simo, head of the Facebook app, the feature was developed as a way of helping small businesses survive the coronavirus pandemic, which has ravaged sectors like retail, restaurants and in-person events.

“We’ve been testing this product for a while and now it is available to Pages in the U.S. and in 19 other countries,” she said in a press conference call held Friday. “So starting today, businesses creators, educators, media publishers can all start earning money from online events to help grow their business, connect with our community and reach new audiences all over the world.”

Using Facebook Pages, where accountholders can

Read More