Apple expands the implementation of the new pricing system in the App Store

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belbalady.net Apple has begun completing the implementation of the new pricing system, which has been described as the most comprehensive pricing capabilities since the launch of the App Store nearly 14 years ago.

The American tech giant announced the new pricing system in early December, implemented some changes, and postponed some of them to the spring of 2023.

And Apple said when announcing the system that the new changes provide developers with an additional 700 price points, and new pricing tools that make it easier for them to set prices for each country or region, in addition to facilitating the management of foreign exchange rate changes, and other features.

The company recently made price improvements available for apps that offer auto-renewing subscriptions, and now it’s available for other apps and in-app purchases, giving all developers unprecedented flexibility and control over the pricing of their products in 45 currencies across 175 stores.

Under the App Store’s updated pricing system, all developers can choose from 900 price points, which is roughly 10 times the number of price points previously available for most apps. This includes 600 new price points to choose from, with 100 higher price points available upon request.

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In each of the 175 App Store storefronts, developers can take advantage of additional pricing agreements, including: those that start with two digits, for example: 110,000 yen, and they can price products that end in the number 99. To the nearest number, Such as: .90 or .00, which is especially useful for managing packages and annual plans.

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Developers of subscription and other apps can manage currency and tax across storefronts with greater ease by choosing a local storefront they know best as the basis for automatically generating prices across the other 174 storefronts and 44 currencies. Developers will still be able to set prices for each storefront if they wish.

And for developers who distribute their apps all over the world, the App Store’s global parity tools give them an easy and convenient way to manage pricing across international markets. Now developers can keep their local currency fixed at any storefront of their choice, even with fluctuating exchange rates and taxes.

All developers can determine the availability of in-app purchases through the storefront.

Apple said it will periodically update prices in certain regions based on changes in taxes and foreign exchange rates.

She explained that this is being done using publicly available exchange rate information from financial data providers to help ensure prices for in-app purchases remain the same across all storefronts.

Developers with paid apps and in-app purchases can set local region prices, which will not be affected by automatic price adjustments.

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