Google to allow third party app payments in S.Korea
Information about Google to allow third party app payments in S.Korea
Kevin David Scam or Legit
By Heekyong Yang
SEOUL (Reuters) – Alphabet’s Google said on Thursday it plans to allow third party payment systems in South Korea in order to comply with a new law that bans major app store operators from forcing software developers to use their payments systems.
Google’s announcement comes after the Korea Communications Commission’s (KCC) request for the U.S. tech giant to come up with compliance plans for the new law that went into effect in September.
In late August, parliament passed an amendment to South Korea’s Telecommunications Business Act – dubbed the “anti-Google law” – banning big app store operators, such as Google and Apple Inc from forcing developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases.
“We respect the decision of the …