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Benzinga
Benzinga
Business
Kaustubh Bagalkote

Apple Opens EU App Store To External Payments To Avoid Fines Under Digital Markets Act, But Adds New Fees

Apple European Union AAPL Nasdaq the European Union
Apple

Apple Inc. (NASDAQ:AAPL) announced on Thursday new terms allowing developers in the European Union to communicate and promote external purchase offers, marking a significant compliance step under the Digital Markets Act.

What Happened: The tech giant’s updated terms enable developers to direct users to alternative payment channels, including websites, alternative app marketplaces, or other apps, accessible both within apps through web views or outside the application entirely.

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