Digital payments: the next generation
Wednesday, Jan 26th 2011 at 9:53AMYesterday, the Monday Note reported that Apple is changing the way magazine and newspaper companies charge users to access their premium content through iPhone and iPad apps.
They will now have to use the In App Purchase API and any new apps with a subscription tier that does not run on this platform will be rejected. Existing subscription-based apps have until the end of June to re-tool their apps so they work on the In App Purchase API.
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