Shulou(Shulou.com)11/24 Report--

CTOnews.com Apple today announced the most comprehensive pricing upgrade to date for the App Store, providing developers with 700 new price points and new pricing tools. In addition, developers can set prices for App Store in different countries and regions, manage foreign currency exchange rate changes, and more.

Apple said that apps that offer auto-renew subscriptions will be able to use the upgrade pricing mechanism starting today. All other apps and in-app purchases will have access to the new pricing mechanism starting in spring 2023, allowing all developers to price products in 45 currencies in stores in 175 countries and regions.

CTOnews.com has learned that, starting today, developers who subscribe to apps will be able to select the regional store they are most familiar with and automatically generate pricing for 174 other countries and regions and 44 currencies based on it. Developers can also set prices for different stores on demand. Pricing for different stores will be extended to all other apps in Spring 2023.

In addition, the upgrade Apple announced today will allow developers to keep the local currency acquired unchanged in any store of their choice, even if foreign currency exchange rates and taxes fluctuate. All developers can also decide whether to offer in-app purchases for stores in different countries and regions.

Apple regularly updates pricing in each region based on changes in taxes and foreign currency exchange rates. Currently, developers can adjust pricing at any time based on changes in taxes and foreign currency exchange rates. Starting in 2023, developers of paid apps and in-app purchases will be able to set local pricing, which will not be affected by automatic pricing adjustments.

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