Tim Cook Compares Apple’s App Store to a ‘Flea Market’ if Epic Games’ Complaint of Allowing Third-Party Payment Systems Is Allowed – Wccftech

Apple’s legal battle with Epic Games is far from over, and in a current interview, Tim Cook desired to address some subjects. One of them was not permitting third-party payment systems for developers on the App Store, as the executive declares that it would become a flea market if permitted.

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With the U.S. trial anticipated to start on May 3, the Toronto Star performed an interview with Tim Cook. Apple’s App Store guidelines plainly specify that developers are to utilize the business’s in-app purchase system. Simply put, direct payments are not allowed any style. Impressive Games thinks all designers signed up on the App Store should have access to third-party payment approaches, but Tim Cook is of the opposite opinion as he specified the following.

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“At the heart of the Epic problem is they ‘d like designers to each put in their own payment details. But that would make the App Store a flea market and you understand the self-confidence level you have at the flea market. The volume of people entering into such a market would be drastically lower, which would be bad for the user, since they would lose out on the development like we just heard with the 4 designers. Due to the fact that they would not have a huge audience to offer to, and the developers would be left out. Nobody wins in that environment.”

By keeping the payment system restricted, Cook points out in the interview that the App Store will provide a safe and relied on location for users to discover apps. However, Cook’s claim of the App Store’s security has not avoided enormous financial scams from occurring. A recent event involved a Bitcoin theftthat left one individual without $600,000, or 17.1 Bitcoin, which were his life savings.

Regardless, Cook believes that Apple will dominate in its suit versus Epic Games and that Apple will continue to be rigid when it pertains to reviewing apps.

News Source: Toronto Star

Apple’s App Store guidelines clearly state that developers are to use the company’s in-app purchase system. By keeping the payment system restricted, Cook points out in the interview that the App Store will offer a safe and relied on location for users to find apps. Cook’s claim of the App Store’s security has actually not avoided enormous financial scams from taking location.

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