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Apple Begins Charging Reduced Commission for App Store Developers

Tech Gist Africa by Tech Gist Africa
12/29/2020
in News, The Big 5, World News
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Apple Appstore tech news africa

Apple Appstore tech news africa

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Following earlier announcements by Apple in November on the Apple Small Business Program initiative to accelerate innovation and help the next generation of app developers, participants (app developers that sell digital goods and services on the app store) are provided with discounts on commissions for paid apps and in-app purchases.

The program offered developers that earn less than $1 million per year a reduction in fees from the standard rate at 30% to 15% starting on 1st January 2021 given specific terms and conditions for qualification to participate.

However, to their surprise and excitement, a few eligible developers have begun receiving notice from Apple on the reduction in their commission charges to 15% for App store sales weeks before the expected program commencement date in 2021.

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Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

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