Apple App Store to accept alternative payment systems in South Korea

0 22

Back in September, South Korea passed a law requiring app store operators to offer third-party payment systems. Now, Apple has come through with its plans to work out a solution with the Korea Communications Commission (KCC) by presenting its compliance plans. According to Yonhap News Agency, there is no immediate date for when the new policy will take effect, nor what service fee will be charged via the new payment option.

Apple has great respect for Korean laws and a strong history of collaborating with the country’s skilled app developers. We look forward to working with KCC and our developer community on a solution that benefits our Korean users.

Our work will always be guided by keeping the App Store a safe and reliable place where our users can download the apps they love. – Apple’s official statement

Apple’s new payment options should offer a reduced service charge compared to the current 30% App Store charge on app sales and in-app purchases. KCC has already announced that it plans to fine app store operators if they do not bind the new laws by offering alternatives to their first-party payment systems in the app.

Source

Leave A Reply

Your email address will not be published.