Tech giant Google will lower its planned commission rate for app developers, following complaints from software makers over steep fees. <\/p>\n
Google said it will levy a 15 per cent rate on in-app purchases to all developers for annual sales up to $1 million and take a 30 per cent commission from revenues over the $1 million mark. <\/p>\n
The new policy will take effect in July. <\/p>\n
A company official said 99 per cent of developers log less than $1 million annual revenue on the Play store, reports Yonhap news agency. <\/p>\n
Google earlier announced a plan to introduce the 30 per cent commission to all in-app digital goods purchases in South Korea while making it mandatory to use its own payment system for app purchases on its platform, starting January 2021. <\/p>\n
The new billing policy caused fierce opposition from tech firms and politicians and the company later delayed its implementation to September. <\/p>\n
Last year lawmakers proposed bills that would ban app market operators from imposing certain payment methods in mobile content transactions. <\/p>\n
The tech giant has said that the service fee is crucial to reinvest in its platform. <\/p>\n
“We will do our best so that South Korean developers can provide their products and services to over 1 billion users from some 300 countries around the world and achieve success in the global market,” a Google official said. <\/p>\n
Sales from apps on Google’s Play store last year were estimated at over 5 trillion won ($4.4 billion), according to a government report that reviewed 246 companies that accounted for over 75 per cent of the country’s mobile app sales during September and October last year.<\/p>\n","protected":false},"excerpt":{"rendered":"
Tech giant Google will lower its planned commission rate for app developers, following complaints from software makers over steep fees. Google said it will levy a 15 per cent rate on in-app purchases to all developers for annual sales up to $1 million and take a 30 per cent commission from revenues over the $1 million mark. The new policy will take effect in July. A company official said 99 per cent of developers log less than $1 million annual revenue on the Play store, reports Yonhap news agency. Google earlier announced a plan to introduce the 30 per cent […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-798163","post","type-post","status-publish","format-standard","hentry","category-telecom"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/798163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=798163"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/798163\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=798163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=798163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=798163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}