Apple's App Store to provide alternative payment options for its consumers

Tuesday 7 September 2021 11:16 CET | News

App Store has announced it will allow ‘reader’ apps like Netflix and Spotify to bypass Apple's payment system with their own.

The move was prompted by a ruling from the Japan Fair Trade Commission, but it'll apply worldwide. It also follows a new South Korean law passed in August 2021 requiring Apple to offer alternative payment options in the App Store.

This change will let some apps direct users to alternative payment options even though App Store payments generate a substantial portion of operating profits. The move keeps Apple in control of App Store policies.

Beginning 2022, Apple will allow ‘reader’ apps to direct users to their own website to sign up for a subscription instead of requiring users to subscribe in-app. Apple defines reader apps as those that provide previously purchased content or content subscriptions for digital magazines, newspapers, books, audio, music, and video.

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Keywords: online payments, Apple, payments infrastructure
Categories: Payments & Commerce | Online Payments
Countries: World
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