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TEXXR

Chronicles

The story behind the story

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Tencent says it and Apple are exploring ways to offer in-app transactions via iOS' payment system, the first acknowledgment of talks with Apple to take a cut

The Chinese company is exploring ways to offer in-app transactions via Apple's iOS payment system, Chief Strategy Officer James Mitchell told analysts on an earnings call.

Bloomberg Zheping Huang

Context & Ripple Effects

The acknowledgment followed reports that Apple had pressed Tencent and ByteDance to close paths that directed in-app creators to outside payment systems, reviving a conflict over external-payment workarounds. It also echoes Apple’s earlier push to classify WeChat tips as in-app purchases.

The negotiations became a longer-running test of Apple’s terms in China: a subsequent WeChat update was approved while revenue-sharing talks continued, and later reporting described a 15% payments arrangement for WeChat mini games and apps.

First-order effects

  • Tencent and Apple now have a publicly acknowledged channel to examine iOS-native transactions, though no commercial terms or implementation were announced.
  • Apple gains a clearer route to seek payment-system participation from Tencent’s in-app ecosystem; Tencent must weigh that access against any revenue share and product changes.

Second-order effects

  • The talks increase pressure on payment flows that bypass Apple’s system, particularly after the company’s reported demands that Tencent and ByteDance close those routes.
  • A Tencent arrangement could make revenue-sharing terms a more central negotiating issue for other large Chinese app platforms that rely on in-app creator or mini-app commerce.

Third-order effects

  • If large “super apps” accept platform-managed payments, Apple’s App Store rules may become more enforceable in markets where local apps have historically built substantial payment ecosystems of their own.
  • The longer-term question is whether negotiated, potentially differentiated take rates become the practical way platform gatekeepers bring exceptional local ecosystems into standard payment rules.

The trend: This is one data point in the shift from payment-policy disputes toward negotiated revenue-sharing arrangements between mobile gatekeepers and major regional app ecosystems.

Discussion

  • @wavesblog Simonetta Vezzoso on x
    “We want to make it available on terms that we think are economically sustainable, that are also fair...,” Mitchell said. “But in the event that discussion doesn't progress, then the current status quo continues.”