Reportedly, Apple Inc. (AAPL) has agreed to comply with a Dutch ruling to allow third-party payment options for dating apps, this is the first time the company is allowing outside payments within App Store apps. The company informed that it will allow developers to implement their third-party payment services to pay for dating apps in the Netherlands. The change will also let developers point users to the web to complete transactions.
The company informed that it will continue to collect its revenue share, which has been highly scrutinized by developers and governments in multiple countries. Further details on how the company will do that, what percentage cut it will take were not known.
The Dutch antitrust authority ordered Apple to allow dating apps to use other payment systems or pay a fine of as much as $57 million, with a January 15 deadline to make the change.
Dow 30 component Apple (AAPL) has revolutionized personal technology with the introduction of the Macintosh in 1984. Today Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to “leaving the world better than they found it. To learn more about Apple (AAPL) and track its ongoing progress at Vista Partners Apple (AAPL), Coverage Page.
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