TrulyMadly's View On Commission Levied On In App Purchase By Google - GADGET-INNOVATIONS

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TrulyMadly's View On Commission Levied On In App Purchase By Google

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TrulyMadly CEO & Co-founder Snehil Khanor said, "This is similar to what Apple had done recently. While Apple said it'll reduce commission of 98% of developers but Statista later revealed that those 98% developers accounted for just 5% of total app store revenue. Even if the commission is reduced to 15% for everybody flat it is still very high. The issue is not just the high commission but forcing app developers to remove other payment gateways, which provide same service at 1-2% commission and remits us money at t+1 as opposed to monthly settlement. As a developer, we should have a choice for what's good for our business. While it is a good thing that they are doing something but it doesn't solve the problem completely as of now."

 




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