Tech giant Google will lower its planned commission rate for app developers, following complaints from software makers over steep fees.
Google said it will levy a 15 per cent rate on in-app purchases to all developers for annual sales up to $1 million and take a 30 per cent commission from revenues over the $1 million mark.
The new policy will take effect in July.
A company official said 99 per cent of developers log less than $1 million annual revenue on the Play store, reports Yonhap news agency.
Google earlier announced a plan to introduce the 30 per cent commission to all in-app digital goods purchases in South Korea while making it mandatory to use its own payment system for app purchases on its platform, starting January 2021.