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Facebook Launches Paid Online Events, Says Apple Will Take 30% of Payments Made Through iOS App

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variety.com
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Todd Spangler NY Digital EditorFacebook announced that it’s letting businesses, creators, artists, educators and media publishers generate cash from holding online events on the virtual platform.The social media giant is promising to not collect any fees for paid online events for at least the next year.

However, for payments Facebook users submit through the app for Apple’s iOS app, Apple will keep 30% of the revenue.For transactions on the web, and on Android in countries where the social company has rolled out Facebook Pay, businesses and creators will keep 100% of the revenue they generate from paid online events.But for payments that go through Apple’s iOS, that’s not the case.

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