Apple has told authorities in South Korea that it will provide an alternative payment system to developers of the App Store as part of compliance with local laws. Apple stopped short of saying when the new system will be available in the documentation provided to the Korea Communications Commission.
According to a report by The herald of Korea, the plans include an additional charge that is lower than the current 30% discount Apple takes on App Store transactions. However, it’s unclear exactly what the new cut will be or how it will perform.
Apple said it plans to provide an alternative payment system at a reduced service fee from the current 30% fee, as the tech giant turned its compliance plans over to the Korea Communications Commission (KCC ).
“We look forward to working with the KCC and our developer community on a solution that benefits our Korean users,” Apple said in a local news release, adding that it “has great respect for Korean laws and a a strong history of working with talented app developers nationwide. Our work will always be guided by making the App Store a safe and trusted place for our users to download the apps they love. “
The KCC previously told Apple it would face a fine if it continued to block third-party payment options from being offered through the App Store.