Tuesday, September 21, 2021

App Developers’ Payments Dilemma: Easier With or Without Apple and Google? - The Wall Street Journal

Last updated Tuesday, September 7, 2021 08:23 ET , Source: NewsService

SEOUL—South Korea’s app developers can soon sidestep the digital tollway mandated by Apple Inc. and Alphabet Inc.’s Google, but changes for app companies and consumers may be hard to see initially.

Last week, South Korea passed the world’s first-ever law that blocks Apple and Google from only offering their own in-app payment system. The bill, pending presidential approval, could be enforced within weeks. Once enacted, South Korea’s app companies can avoid paying commissions of up to 30% to the tech giants if users opt to pay them via alternative payment platforms.

Read Full Story: https://www.wsj.com/articles/app-developers-payments-dilemma-easier-with-or-without-apple-and-google-11631017431

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