Google to provide alternative payment system in South Korea

Google has pledged to provide an alternative payment system at its app store in South Korea, the telecommunications regulator said, in what could be a concession amid a tug-of-war over lucrative payment systems in the app market.
The commitment is part of follow-up measures to a new South Korean law that restricts app store operators such as Google and Apple from forcing their in-app payment systems on developers.
Wilson L. White, Google’s public policy and government relations senior counsel, made the comments during a videoconference with Han Sang-hyuk, chairman of the Korea Communications Commission (KCC), according to the regulator.