Wire · regulatory
KMCC to fine Google and Apple a combined 63.7 billion won over forced in-app payments
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Fusion42 · 27 October 2026 · Fusion42 review
South Korea's KMCC is set to fine Google and Apple a combined $48.1 million for coercing app developers to use their in-app payment systems, enforcing the 2021 amendment to the Telecommunications Business Act that bans mandatory in-app payments. While the fines are smaller compared to recent EU penalties, the decision marks the first enforcement of this law and reflects heightened scrutiny on tech giants' payment practices.
This Wire brief sits within Fusion42's coverage of Fintech, and 1 source has reported it.
◆ ◆ The Wire takeaway
You face a newly enforced payment rule in South Korea where penalties on Google and Apple signal regulators are serious about in-app payment control. This is a chance to target a market opening if you offer alternative payment solutions or developer-friendly fees.
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1 source · 27 Oct 2026
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