in-app payments Archives | Be Korea-savvy

S. Korea’s New Law on In-app Payment is ‘Monumental’: CAF Chief

SEOUL, Nov. 16 (Korea Bizwire) — The head of a U.S. group that speaks for app developers has praised as “monumental” South Korea’s recent law prohibiting Google Inc. and Apple Inc. from forcing their in-app payment systems on app developers. The law went into effect in September, making South Korea the first country in the [...]

Google to Provide Alternative Payment System at its App Store

SEOUL, Nov. 4 (Korea Bizwire) — Google Inc. has pledged to provide an alternative payment system at its app store in South Korea, the telecommunications regulator said Thursday, in what could be a concession amid a tug-of-war over lucrative payment systems in the app market. The commitment is part of follow-up measures to a new [...]