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Or regulation. In Australia, the Reserve Bank regulates interchange fees and requires the end user to be made aware of card processing fees which can't exceed
by rswail 5y ago
Or regulation.
In Australia, the Reserve Bank regulates interchange fees and requires the end user to be made aware of card processing fees which can't exceed a percentage/value of the transaction.
Similar regulation applies in the EU.
There's no reason why Google/Apple/etc stores can't be similarly regulated.
- lxgr 5y agoThat's possible too, but I believe there's much more uncertainty about the fair market value of app store compared to out-of-band subscriptions. Of course it would also be possible to do both, i.e. to mandate either a fixed rate or alternatively allowing out-of-band payments.