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In-App Payments

Reuters | Equities.com |

A South Korean parliamentary committee voted early on Wednesday to recommend amending a law, a key step toward banning Google and Apple from forcibly charging software developers commissions on in-app purchases, the first such curb by a major economy.

Apple Inc and Alphabet Inc's Google have both faced global criticism because they require software developers using their app stores to use proprietary payment systems that charge commissions of up to 30%.