Apple plans to allow third-party payment systems in the South Korean App Store, the regulator says

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The South Korean telecommunications regulator said Tuesday that Apple presented plans to allow third-party payment systems in its app store to comply with a law that bans 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 come up with compliance plans after the law was passed last August. The law came into force in September.

Google announced in November its plans to allow alternative payment systems in South Korea to comply with the amended Telecommunication Business Act, the so-called “anti-Google law”.

“Apple has great respect for Korean law and has had a long history of working with the country’s talented app developers … We look forward to working with the KCC and our developer community on a solution that will benefit our Korean users,” said Apple in a statement.

According to KCC, Apple plans to allow alternative payment systems for a lower service fee compared to the current 30 percent commissions.

Apple has not provided details such as the schedule for the change to take effect or commission rates, but plans to discuss further details with the KCC, the regulator said.

© Thomson Reuters 2022

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