iPhone in-app purchasing for Ecommerce [closed]

Posted by Kyle B. on Programmers See other posts from Programmers or by Kyle B.
Published on 2011-11-20T21:56:06Z Indexed on 2011/11/21 2:06 UTC
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This may not be the appropriate location for this, but would like to ask in the hopes an iOS developer with familiarity on the rules and regulations could comment.

I would like to develop an iOS app that performs Ecommerce transactions. If I roll my own payment processor, and checkout process: 1) Is this allowed by Apple's rules, and 2) Would I be required to remit 30% of the transaction sale to Apple?

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