June 2021 Summaries
2 posts from RevenueCat
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Google announced updates to its Play Store subscription model in India, effective from September 30, following new regulations by the Reserve Bank of India (RBI). The updates allow users in India to purchase and renew auto-renewing subscriptions, and access free trials and introductory pricing, but with significant conditions. Key changes include a cap on subscription prices below 5,000 INR, and restrictions for customers whose banks are non-compliant with the RBI regulations, resulting in subscriptions not automatically renewing. Customers with subscriptions before May 4 will need to update their billing information to continue renewing automatically. The changes stem from RBI's mandate for additional authentication in recurring transactions, impacting how subscriptions are processed in India. These updates require app developers to adjust their paywall messaging and subscription offerings, potentially affecting user retention and revenue. As Google implements these changes, developers are encouraged to monitor subscriber retention and adapt their strategies accordingly.
Jun 16, 2021
2,004 words in the original blog post.
Apple's introduction of StoreKit 2 brings significant updates to in-app subscription management, aiming to simplify processes and enhance user experience. Key improvements include a cleaner API with async/await support, real-time transaction updates across devices, and enhanced receipt verification that reduces the complexity for developers. However, developers face challenges transitioning to StoreKit 2, as it is only supported on iOS 15+, requiring dual implementation for older versions. The new server API improves transaction tracking and introduces JSON Web Signatures for receipts, while server-to-server notifications and new support APIs, like refunds and consumption APIs, improve customer support capabilities. Despite the incomplete refunds API, the overall changes are seen as beneficial, and services like RevenueCat are adapting quickly to support these features, promising smoother integration and maintenance for developers.
Jun 15, 2021
1,681 words in the original blog post.