- Apr 12, 2001
Apple will let App Store developers offer alternative payment systems in South Korea after the country passed a law that bans app store operators from requiring developers to use their own in-app purchase systems, reports The Korea Herald.
Apple still plans to charge a reduced fee on purchases made through alternative payment systems, according to plans the company submitted to the Korea Communications Commission. Apple did not indicate when the new policy will take effect or what its commission structure will be for alternative payments, the report said.
"We look forward to working with the KCC and our developer community on a solution that benefits our Korean users," Apple said in a statement shared with The Korea Herald. "Apple has a great deal of respect for Korea's laws and a strong history of collaboration with the country's talented app developers. Our work will always be guided by keeping the App Store a safe and trusted place for our users to download the apps they love."
In November, Google announced it would also let developers offer alternative in-app billing systems in its Play Store in South Korea, and said it would reduce its fee for alternative payment systems by four percentage points. For the "vast majority" of developers, Google said its fee would drop from 15% for transactions through Google Play's billing system to 11% for transactions through an alternate billing system.
Article Link: Apple to Allow Alternative Payment Systems in App Store in South Korea