China, Apple's Second Most Lucrative Market, is About to Get Better For Developers With New Payment Options
China has quickly become Apple’s second largest market by revenue after the U.S. over the past year.
But it’s still a huge headache for developers, who must cope with piracy and poor monetization because credit penetration isn’t as deep among consumers there. It looks like that may be about to change.
The local Chinese version of Apple’s app store started accepting yuan today in addition to local bank cards from some of the country’s largest banks like China Merchants Bank, Industrial and Commercial Bank of China (ICBC), China Construction Bank and Shanghai Pudong Development Bank. Consumers
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