The South Korean telecommunications regulator said Tuesday that Apple revealed plans to allow third-party payment systems in its app store to comply with a law that bans large app store operators from forcing software developers to use their payment systems.
The Korea Communications Commission (KCC) urged Apple and Alphabet’s Google to submit compliance plans after the law was passed last August.
The law came into force in September. Google announced plans in November to allow alternative payment systems in South Korea to comply with the amended law on telecommunications companies known as the “Anti-Google Law”.
“Apple respects Korean laws and has long worked with the country’s talented application developers … We look forward to working with the KCC and our developer community on a solution that will benefit our Korean users.”
Apple announced in a statement. According to the KCC, Apple plans to allow alternative payment systems for a lower service fee compared to the current 30 percent fee.
Apple has not disclosed details like a schedule for the change to take effect or commission rates, but plans to discuss further details with the KCC, the regulator said.