Payments News

On The Web

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Companies

Apple extends concession on store fees for some apps

“Apple Inc said here on Monday apps that offer virtual sessions or classes do not need to use App Store’s in-app purchase method through June, extending an earlier deadline of December. Apple charges a commission of between 15%-30% for apps that use its in-app payment system.”
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Companies

Apple Lets Kids Use Their Apple Watch to Make Payments with Apple Pay

“Parents using Apple Cash Family can also choose to receive a notification each time their children use the service. Notifications include details of both how and when the funds were used. Apple Cash Family is one of a range of services offered by the new Family Setup feature launched by Apple for watchOS 7 . […]
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Companies

Apple to Launch First Online Store in India Next Week

“Apple Inc will launch its first online store in India on Sept. 23, the iPhone maker said on Friday, coinciding with the country’s holiday season that brings some of the biggest sales for retailers every year. Apple sells its products in India through third-party vendors and e-commerce operators such as Amazon.com Inc’s Indian unit and […]
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Companies

Apple Would Have to Share Payment Tech Under Rules Mulled by EU

“The European Union is considering new rules that would likely require Apple Inc. to give competitors access to payments technology inside its iPhones. The new laws would prevent mobile device manufacturers from limiting access to near-field communication technology embedded in smartphones and other devices such as smartwatches, according to documents obtained by Bloomberg. NFC technology […]
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Companies

Apple’s Subscription Services Bundle Is Already in Hot Water

“Just hours after the reveal of Apple’s new services bundles , the tech giant has already taken criticism for evidently favoring its own apps over those with which it directly competes in its App Store.    Apple’s long-rumored push into services bundles comes as little surprise for a number of reasons. One is that some of […]
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Companies

Apple Reverses Move for WordPress to Add In-App Payments

“Apple Inc. on Saturday reversed course on a decision to force popular blogging platform WordPress to add in-app purchases to its app, a move that could help lessen tensions between Apple and developers amid a public battle with Epic Games. On Friday, WordPress said that Apple had informed it that it had 30 days to […]

On The Wires

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Companies

Apple announces App Store Small Business Program

“Apple today announced an industry-leading new developer program to accelerate innovation and help small businesses and independent developers propel their businesses forward with the next generation of groundbreaking apps on the App Store. The new App Store Small Business Program will benefit the vast majority of developers who sell digital goods and services on the […]