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South Korea forces Google and Apple to let developers use alt. payment systems.— Dina Srinivasan (@DinaSrinivasan) August 31, 2021
This economic policy was inevitable and makes sense.
After all, browsers considered building payment gateways. Imagine if Chrome/Safari took 15-30% of e-commerce purchases. https://t.co/zcqxPNDRch
The South Korean legislature has passed a bill mandating Google & Apple allow apps use alternative payment systems instead of being forced to use theirs and take a 30% cut.— Dare Obasanjo (@Carnage4Life) August 31, 2021
The penalty is 3% of SK revenues if they don’t. I imagine Apple may just say no.https://t.co/l6XFrxngdT
So every developer in South Korea not using Apple or Google’s payment systems will just get a bill for 15-30% at the end of every month, and it’ll end up being slightly more work and cost?— Rene Ritchie (@reneritchie) August 31, 2021
(Oh, you thought rev share was tied to transactions in execs’ minds?) https://t.co/5dxBPFpkQc
Korea is first in open platforms!— Tim Sweeney (@TimSweeneyEpic) August 31, 2021
Korea has rejected digital commerce monopolies and recognized open platforms as a right.
This marks a major milestone in the 45-year history of personal computing. It began in Cupertino, but the forefront today is in Seoul. https://t.co/Jd6Xfnef9o
Even South Korea thinks about stopping Monopoly/Duopoly but our @CimGOI of India is still contemplating in implementing Ecoms Policy, which is desperately awaited by millions of businesses to safeguard them from Ecoms Giants @CAITIndia @AIOVA3 @AimraIndia @AIOCD1 @NRAI_India— Deepak Khemani (@Deepakkhemani8) August 31, 2021
Oh how I'd love for an under oath Apple executive to testify as to how purchasing digital goods from "other sources" comes with more risk of fraud than the rides, services and physical goods iOS customers have purchased from other sources for years.https://t.co/7mUntHtUsh pic.twitter.com/BOhMrBgQVP— Chris Lacy (@chrismlacy) August 31, 2021
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