Google to lower in-app commission rate in S Korea

Date:

The South Korean unit of tech giant Google is considering lowering its planned commission rate for in-app purchases, lawmakers said on Tuesday, amid complaints from local software developers over steep commission costs.

According to lawmakers from the parliamentary committee on science and technology, Google Korea representatives have told committee members that they were persuading the company headquarters to lower its planned 30 percent commission on in-app purchases.

Google has announced a plan to newly introduce the 30 percent commission to all in-app digital goods purchases in South Korea later this year.

Company representatives did not share further details, lawmakers added.

A recent government projection showed that Google’s new commission policy would lead to an increase in app store costs for South Korean developers by more than 150 billion won (US$136 million).

The new billing policy has met fierce opposition from local tech groups and politicians, while some South Korean lawmakers have called on Google to reduce the commission rate, reports Yonhap news agency.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Popular

More like this
Related

Comprehensive Guide to DuoSpin Payment Methods: Secure and Convenient Options for UK Players

Explore secure and convenient payment methods for DuoSpin tailored for players in Great Britain.

Experience the Thrill: Live Casino Fun at 771 Now in the Netherlands

Experience the excitement of live casino gaming at 771, now available to players in the Netherlands!

Responsive Customer Support Services for GB Players at NV: The Ultimate Guide to Assistance and Channels at NV

Discover responsive customer support for GB players at NV - your ultimate guide to assistance and channels!

Swedish Player Insights: Exploring Live Dealer Games at LuckyDays Casino

Explore a Swedish player's take on live dealer games at LuckyDays Casino. Discover top games and unique features!