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Games & Commerce

South Korea Google Play payment and fee rules to change at year-end, key is \'real costs\'

Google is expanding payment options on Google Play and overhauling its service fee structure, with the new system set to take effect in South Korea on Dec. 31. Developers will be able to use their own payment methods or external web payments, with fees varying by method and user status. Industry attention is on how much developers’ total costs change once payment processing fees and system operating costs are included.

Games & Commerce

Google cuts Google Play fees in South Korea to as low as 10 percent, expands in-app and external payments

Google will expand payment options for Google Play developers in South Korea and cut service fees to as low as 10 percent. Developers can offer alternative payment systems or link users to external websites, subject to Google safety requirements. A 10 percent fee applies to the first $1 million of annual revenue generated on Google Play and to auto-renewing subscriptions. The changes take effect in South Korea on Dec. 31.