Tech Giant Forced to Alter Payment Policies following Court Decision: Apple Accused of Influencing Market Competition
Crypto-Centric News Outlet Flexes Fresh Guidelines
In the aftermath of the landmark ruling in the Epic Games v Apple lawsuit, the tech powerhouse has eased the constraints on app-related transactions across its marketplace. Here's a lowdown on what the revised App Store policy for the U.S. entails:
- External Links Aplenty: US-based apps can now incorporate buttons or links leading users to their own payment platforms. No more middlemen referred to as 'entitlements'.
- Zero Commission to Apple: Goodbye, 27% fee! App developers across the U.S. can make external purchases commission-free.
- Stick to One Link: Developers must keep it simple and not overwhelm users with multiple payment links or buttons. Stick to the best one!
- No Scare Tactics: The era of intimidating warning messages when users are directed to external payment sites is over.
- Regional Changes Only: Presently, the adjustments are applicable to the US market alone. Apps operating on a global scale must adhere to the existing guidelines for different regions.
These alterations mark a major shift in Apple's control over in-app payments, offering developers a wider range of choices to manage transactions on their platforms.
Economist Alex Kruger aptly pointed out that this change could be "game-changing" for the digital assets space, suggesting an opportunity for crypto to enter the scene as an alternative payment method.
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