Apple Sets New In-App Transaction Commission Rates for EU Developers
· Technology · Engadget, Economic Times
Apple has introduced new business terms for applications distributed in the European Union, effective October 1. The company is replacing its Core Technology Fee with a new Core Technology Commission applied to in-app purchases. Developers participating in specific programs, such as the App Store Small Business Program, will be eligible for discounted rates. For the majority of developers using Apple's in-app purchase technology, the commission will be 15 percent, while those outside these programs will face a 26 percent fee. Apps using alternative payment tools will be charged 20 percent, and those linking out for payments will be charged 15 percent.
Why it matters
These changes directly impact the revenue models for software developers operating in the EU, following legal pressure regarding the Digital Markets Act.
Read the original report — Engadget
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