Google on Thursday announced an update to its Google Play Store that allows Android users to make in-app subscriptions. The update comes more than year after the Mountain View-based company introduced in-app billing in what was then called the Android Market. “Since the launch, In-app Billing has been extremely successful in helping developers monetize their apps through try-and-buy, virtual goods, upgrades, and other popular business models,” Google said on its developer blog. “Today, 23 of the 24 top-grossing apps in Google Play use In-app Billing, and the total revenue generated from in-app purchases exceeds revenue from traditional app purchases.” In-app subscriptions will allow developers to sell monthly or annual subscriptions from within their apps. “Developers just set the price and
Thu, 24 May 2012 14:40:44 -0400