Apple cuts off the App Store commission to 15% for small businesses
By MYBRANDBOOK
Tech iPhone maker Apple has slashed off its App Store commission by half to 15% for small businesses earning up to $1 million (about ₹7.4 crore) per year on the platform. In the past, Apple and Google have been criticised for the high commissions charged from app developers.
In a statement, Apple said the new developer programme will accelerate innovation and help small businesses and independent developers propel their businesses forward.
“The new App Store Small Business Programme will benefit the vast majority of developers who sell digital goods and services on the store, providing them with a reduced commission on paid apps and in-app purchases,” it added.
Developers can qualify for the programme and a reduced 15 per cent commission if they earned up to USD 1 million in proceeds during the previous calendar year, said Apple.
The move can also assume significance as Apple has been aggressively expanding its presence in India, which is home to a large developer base.
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
Paytm brings UPI Lite Wallet for low-value transactions
Paytm’s parent company One97 Communications (OCL) is emphasizing upon UP...
BHIM to join e-commerce, competing with PhonePe and Google Pay
The government-supported payment software BHIM is getting ready to join t...
LUMINOUS POWER TECHNOLOGIES PVT. LTD.
HP INDIA SALES PVT. LTD.
VVDN TECHNOLOGIES
BHARAT ELECTRONICS LTD.
Technology Icons Of India 2023: Lt Gen (Dr.) Rajesh Pant (Retd.)
LT Gen(Dr.) Rajesh Panth (Retd.), National cyber security coordination...
Technology Icons Of India 2023: Harsh Jain
Harsh Jain is an Indian Entrepreneur, the co-founder and CEO of the In...
Technology Icons Of India 2023: Lt Gen (Dr.) Rajesh Pant (Retd.)
LT Gen(Dr.) Rajesh Panth (Retd.), National cyber security coordination...
TCIL continues to strengthen India with its technology expertise
TCIL undertakes consultancy & turnkey projects in the field of Telecom...
Aadhaar: Architecting the World's Largest Biometric Identity System
The Unique Identification Authority of India (UIDAI) is a statutory au...
STPI encouraging software exports from India
Software Technology Parks of India (STPI) is an S&T organization under...
ADITYA INFOTECH LTD.
Aditya Infotech Ltd. (AIL) – the technology arm of Aditya Group, is ...
Crayon Software Experts India Pvt Ltd
Crayon helps its customers build the commercial and technical foundati...
BEETEL TELETECH LTD.
: Beetel is one of the oldest and most reputed brands in the Industry,...