Google to lower in-app commission rate for developers

Tech giant Google will lower its planned commission rate for app developers, following complaints from software makers over steep fees.

Google said it will levy a 15 per cent rate on in-app purchases to all developers for annual sales up to $1 million and take a 30 per cent commission from revenues over the $1 million mark.

The new policy will take effect in July.

A company official said 99 per cent of developers log less than $1 million annual revenue on the Play store, reports Yonhap news agency.