Apple Inc. has slashed its App store commission fees from 50% to 15% implying that small app developers will now pay in half to Apple. The minimum eligibility requirement for the small developers to get the benefit are those who make less than US$1 million per year in sales from their apps, including in-app purchases.
Apple takes a 30% commission on sales of paid apps and digital goods sold within apps. Several companies have cautioned that payments are needless and have been urging Apple to allow digital purchases to be handled by alternative payment mechanisms. The tech giant's App Store has been under the scanner and facing criticism from third-party developers over the previous year for compelling them to pay a 30% commission and use the Company's in-app purchasing system only.