Apple to allow third-party payment on app store

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Apple to allow third-party payment on app store

SEOUL, Jan 11, Reuters - South Korea's telecommunications regulator said on Tuesday that Apple had submitted plans to allow third-party payment systems on its app store, to comply with a law banning major app store operators from forcing software developers to use their payment systems.

The Korea Communications Commission KCC asked Apple and Alphabet's Google to submit compliance plans after the bill was passed in August last year. The law went into effect in September.

In November, Google plans to allow alternative payment systems in South Korea to comply with the amended Telecommunication Business Act, dubbed the anti-Google law, which is now known as the anti-Google law. Apple has a lot of respect for Korea's laws and a strong history of collaboration with the country's talented app developers. We look forward to working with the KCC and our developer community to make a solution that benefits our Korean users, Apple said in a statement.

The KCC said Apple plans to allow alternative payment systems with a lower service fee than the current 30% commissions.

The regulator said that Apple plans to discuss further details with the KCC, but it didn't provide any details, such as timelines when the change will take effect or commission fee rates.