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Apple To Reduce App Store Fees For Small Businesses With Under $1 Million in Revenues
 

Apple To Reduce App Store Fees For Small Businesses With Under $1 Million in Revenues

Amid increased regulatory scrutiny over how it runs its App Store, Apple today announced it will reduce the App Store commissions for smaller businesses. Under the new guidelines of the "App Store Small Business Program," as it's called, developers earning up to $1 million per year will only have to pay a 15% commission on in-app purchases, rather than the standard 30% commission. From a report: The new program will launch on Jan. 1, 2021, and will be based on the business's revenues in the prev... read more

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