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Facebook agrees deal to avoid Apple commission for helping small businesses

Facebook agrees deal to avoid Apple commission for helping small businesses

  • Facebook has announced that Apple Inc. has agreed a request to businesses a temporary reprieve from paying 30% commission on paid online events. The agreement, which runs until the end of this year, will allow Facebook to use it’s own payment system
  • Apple has come under fire from both consumers and app makers for how it runs its online marketplace. Apple demands a 30% cut of sales of any transactions or subscriptions that happen in-app. This has prompted many developers, including Epic Games, the creators of Fortnite, to publicly decry Apple
  • Facebook last month introduced a way for businesses to host paid events via its live streaming platform. The aim of this, according to Facebook, was to help small businesses struggling due to the Covid-19 pandemic, switch to ecommerce business
  • At the time of it being released, Facebook had not asked Apple for exemption from the 30% cut. Facebook themselves said they would not take any fees from paid-event hosts until at least August 2021

Source : https://www.thestar.com/wsj/business/2020/09/25/facebook-strikes-deal-to-skirt-apples-app-store-commission.html

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