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iphone apps: Apple loosens grip on iPhone apps - with a catch

After a years-long legal battle, Apple says it will begin allowing iPhone app developers to use alternative payment systems but they will still have to pay fees and meet various conditions. With its appeal off the table, Apple filed a plan to abide by the lower court s ruling that it let developers use outside payment systems for apps downloaded on the App Store the lone gateway onto iPhones and iPads.

Apple loosens grip on iPhone apps - with a catch, Telecom News, ET Telecom

Apple takes a cut of as much as 30 percent on all financial transactions in its app shop, prompting complaints about an unfair "tax" for companies.

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