Facebook rolled out a live events feature in August that lets business owners charge people for live video streams such as a workout class. — Reuters
Apple Inc will let users of Facebook Inc’s online events product use the social network’s own payment method through the end of the year, temporarily bypassing the iPhone maker’s typical 30% cut.
The Cupertino, California-based technology giant said it is making the exception as some businesses were forced to move their physical events online due to the Covid-19 pandemic. App Store apps that facilitate in-person classes or events have always been allowed to accept payment methods other than Apple’s, bypassing the fee. But once businesses moved online, almost all classes became virtual and were no longer exempt from Apple’s 30% cut.
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