Google planning to lower commission rate for in-app purchases in S Korea

The South Korean unit of tech giant Google is considering lowering its planned commission rate for in-app purchases, lawmakers said on Tuesday, amid complaints from local software developers over steep commission costs.

According to lawmakers from the parliamentary committee on science and technology, Google Korea representatives have told committee members that they were persuading the company headquarters to lower its planned 30 percent commission on in-app purchases.

Google has announced a plan to newly introduce the 30 percent commission to all in-app digital goods purchases in South Korea later this year.