Google Introduces New In-app Purchase Policy For EEA Users
Jul 22, 2022 ·
2m 8s
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Description
Google says it will allow developers of non-gaming apps on the Play Store to provide alternative billing systems for in-app transactions and purchases for users based in the European Economic...
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Google says it will allow developers of non-gaming apps on the Play Store to provide alternative billing systems for in-app transactions and purchases for users based in the European Economic Area.
The company’s move comes after the European Parliament passed the Digital Markets Act earlier this month to force tech giants like Google, Apple, Meta, and Amazon to follow fair and open market practices.
The company said this new act will force Google Play and other industry players to adjust their current operating model for users in the European Economic Area.
The company says developers will get a 3% relief from the fee they have to pay to Google Play while processing in-app transactions.
The firm charges 15% for any developer on their first $1 million revenue of the year — that will now reduce to 12% if they adopt a third-party payment system. For anything more than that developers will have to pay a 27% fee instead of 30%.
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The company’s move comes after the European Parliament passed the Digital Markets Act earlier this month to force tech giants like Google, Apple, Meta, and Amazon to follow fair and open market practices.
The company said this new act will force Google Play and other industry players to adjust their current operating model for users in the European Economic Area.
The company says developers will get a 3% relief from the fee they have to pay to Google Play while processing in-app transactions.
The firm charges 15% for any developer on their first $1 million revenue of the year — that will now reduce to 12% if they adopt a third-party payment system. For anything more than that developers will have to pay a 27% fee instead of 30%.
Information
Author | Africa Business Radio |
Organization | Africa Business Radio |
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