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[XGNews]: Apple’s compromise will allow app developers to use third-party payment in South Korea

The following is the [XGNews]: Apple’s compromise will allow app developers to use third-party payment in South Korea recommended by xgapn.com.

Apple announced that it would comply with a South Korean law allowing users to pay for apps through third-party channels. The law also applies to the same areas that Google already has.

In the past year, antitrust has become a theme in the technology industry. Apple’s control of IOS application sales channels is one of the representatives. Although they tried to avoid regulatory pressure by reducing the Commission of some small and medium-sized developers from 30% to 15%, they still lost a major case in the United States.

At present, in South Korea, a law has been passed to force Google and apple to allow application developers to use third-party payment platforms.

The law went into effect as early as last September, but Apple initially opposed it. Until today, the Korea Herald reported that Apple has said it will abide by this Law:

South Korean regulators said on Tuesday that under a new law in South Korea, app store operators are prohibited from forcibly using their own in app payment system.

Apple said it plans to provide an alternative payment system, which will reduce the service fee by 30% compared with the current service fee, because the technology giant submitted a compliance plan to the Korean Communications Commission (KCC). The company did not provide the exact date when the policy came into effect or the service fee, but said it planned to discuss further details with KCC

It is expected that other countries will follow the practice of the United States and South Korea. Many antitrust experts believe that Apple will eventually be forced to adopt similar policies around the world.

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