All articles tagged with #external payments
Apple asks a court to allow up to a 15% fee on purchases made via external payment links for App Store apps, with 10% for some programs and 5% for Small Business, as part of the ongoing Epic Games antitrust dispute; the piece also notes Google’s ongoing Play Store changes—opening to external billing and third‑party stores under a separate case.
A higher court has rejected Apple's request to halt a court order requiring the company to allow web links and external payment options in the App Store, following a lawsuit by Epic Games. Major apps like Spotify and Kindle have already added web purchase options, and the case continues to challenge Apple's App Store restrictions.
The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement for a $3 billion bailout under a stand-by arrangement (SBA), focusing on challenging reforms in the power sector, withdrawal of import restrictions, market-determined exchange rate, reducing inflation, and improving governance of state-owned enterprises. Pakistan will need to mobilize additional financial support from multilateral and bilateral sources, including Saudi Arabia, the United Arab Emirates, and China. The successful implementation of the program, including fiscal discipline and policy implementation, is crucial for overcoming current challenges such as high inflation, fiscal deficit, and low reserves.