(MENAFN – IANS)
San Francisco, Sep 26 (IANS) Apple has temporarily waived its customary 30 per cent App Store fee on in-app purchases for paid online events by small businesses on Facebook.
The social networking giant said on Friday that online event fees will be processed through Facebook Pay without Apple collecting its 30 per cent cut, reports TechCrunch.
It means that small businesses will receive all of the earnings from their online events.
This Apple waiver will last until December 31 and will not apply to gaming creators.
Facebook last month launched a new ability for businesses, creators, educators and media publishers to earn money from online events on its platform.
Facebook Page owners can now create an online event, set a price, promote the event, collect payment and host the event, all in one place.
Facebook Pages in 20 countries around the world that meet the company’s partner