The Latest: Nimbit Lowers Commission Rates…

Nimbit, a direct-to-fan platform for distributing music and merchandise online, has lowered its commission on sales transactions from 16.5% to 10%. Nimbit Premium accounts receive the benefit of a 5% rate. The PreSonus company has also expanded internationally in order to support local currencies so that artists don’t have to fret over conversion rates within their own countries.

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In addition, a Direct Pay model was newly installed, where subscribers can set up PayPal accounts to be paid directly from sales.