Google to allow third party app payments for first time in S.Korea

FILE PHOTO: A 3D printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration

SEOUL (Reuters) -Alphabet's Google said on Thursday it plans to allow third-party payment systems in South Korea to comply with a new law, marking the first time the U.S. tech giant has amended its payment policy for a specific country.

Google's announcement comes after a Korea Communications Commission's (KCC) request https://www.reuters.com/technology/apple-google-asked-turn-skorea-compliance-plans-by-mid-october-2021-09-29 for Google and Apple Inc to come up with compliance plans for the new law, which bans major app store operators from forcing software developers to use their payments systems. Most of the new law went into effect in mid-September.