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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

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    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By Jessica Weisman-Pitts

    Posted on March 12, 2024

    Featured image for article about Top Stories

    Apple to let developers distribute apps directly from their sites

    By Foo Yun Chee

    BRUSSELS (Reuters) – Software developers who use Apple’s App Store will be able to distribute apps to EU users directly from their websites this spring, the company said on Tuesday, as part of changes required by new EU rules forcing Apple to open up its closed eco-system.

    The European Union’s Digital Markets Act (DMA), which kicked in last week, requires Apple to offer alternative app stores on iPhones and to allow developers to opt out of using its in-app payment system, which charges fees of up to 30%.

    “We’re providing more flexibility for developers who distribute apps in the European Union, including introducing a new way to distribute apps directly from a developer’s website,” Apple said in a blogpost.

    “Apple will provide authorised developers access to APIs (application programming interfaces) that facilitate the distribution of their apps from the web, integrate with system functionality, back up and restore users’ apps, and more,” the company said.

    Other changes include allowing developers who set up alternative app marketplaces to offer a catalogue solely made up of the marketplace developer’s own apps with immediate effect.

    Developers can choose how to design in-app promotions, discounts and other deals when directing users to complete a transaction on their website instead of using Apple’s template.

    Apple’s changes come amid continuing criticism from rivals that its compliance efforts are falling short. DMA violations can cost companies fines as much as 10% of their global turnover.

    (Reporting by Foo Yun Chee; Editing by Mark Potter)

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