Apple to authorize alternative payment system in South Korea for the first time

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(Apple Inc.)

Apple will allow alternative payment systems in South Korea under a new local law that prohibits app store operators from forcing their own integrated payment systems, the country’s telecommunications regulator said on Tuesday.

The move came as a new law went into effect in the country in September last year, preventing app store operators, such as Google and Apple, from forcing their built-in payment systems to developers. .

In November, Google pledged to provide an alternative payment system on its app store in South Korea at slightly reduced service fees in an apparent move to comply with the country’s new law.

Apple said it plans to provide an alternative payment system at a reduced service fee from the current 30% fee, as the tech giant turned its compliance plans over to the Korea Communications Commission (KCC ).

The company did not provide the exact date the policy would take effect or the service charge to apply, but said it plans to discuss more details with the KCC.

“We look forward to working with the KCC and our developer community on a solution that benefits our Korean users,” Apple said in a statement.

“Apple has a great respect for Korean laws and a strong history of working with talented application developers in the country. Our work will always be guided by making the App Store a safe and trusted place for our users to download the apps they love, “he added.

The KCC previously announced that app store operators would face a fine for forcing developers to use their own integrated payment systems.

South Korea was the first country to introduce such restrictions on billing policies through the apps of global giants, which are increasingly monitored around the world. (Yonhap)


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