Google revealed it made the decision to slash its in-app payment fee in South Korea by half. From 30%, a new policy will implement just a 15% fee, and this will take effect in October.
The lowered in-app payment fee is for content platforms, so all digital content producers of novels, web-based comics, audios and more, on Google Korea’s platform are set to benefit from the new scheme.
Google’s program for content providers
Pulse News reported that sources shared on Wednesday, June 23, that Google is set to launch its Content Accelerator Program that will manage all domestic and overseas digital content firms with a partner fee of 30 %. In Korea, the fee is reduced, and this will reportedly help Naver and Kakao, the leading content providers in the country, to save as much as ₩250 billion or about $220 million.
It was added that there are a number of digital content providers in the region and most of them use Google as the platform to offer their services both in local and global settings. Some of the big names in this field of business include Ridibooks, Lezhin Comics, Yes24, Naver’s Webtoon, and Kakao’s Piccoma, Daum Webtoon, and Kakao Webtoon.
With the cut in Google’s in-app payment, these companies will surely earn better revenues than before. Certainly, this is a big improvement, especially since the American tech company has been continuously criticized for the fees it collects.
Google updates its terms of service
In related news, The Korea Herald reported early this month that Google introduced changes to its term of service. Industry insiders agree that this move will significantly help in boosting company income.
Based on the report, Google is now allowing YouTube to put ads on videos created and posted by all platform users. It does not matter now if the creator’s channel is big or not, it will still be eligible for the ads.
In the past, small-time content creators did not qualify for Google’s partner program for ads on videos. Finally, it was said that this arrangement would also be beneficial to Google’s YouTube since it can push users to sign up for YouTube Premium membership to watch ad-free videos.


RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Washington Post Publisher Will Lewis Steps Down After Layoffs
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 



