Google slashes service fees in its app store after similar move by Apple

Google slashes service fees in its app store after similar move by Apple
# 21 October 2021 21:28 (UTC +04:00)

Google said on Thursday that it’s lowering service fees in its app store after a similar move by Apple, as both companies face pressure from lawmakers and regulators to make their mobile stores more accessible to developers, APA reports citing CNBC.

The service fee for subscriptions in the Google Play store will drop from 30% to 15% from day one, Google said in a press release. Under the current model, developers must pay a 30% cut on subscriptions to Google for the first 12 months before the commission drops to 15%.

Google said 99% of developers would qualify for the lower service fee.

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