Paid apps and onetime in-app purchases can now take advantage of the new price points, as explained by Apple on its website. The company claims that these alternatives “also give more flexibility, rising steadily throughout pricing levels”.
There are 900 price points to choose from, which is more than ten times the number of price points previously offered for paid applications and onetime in-app purchases. Also, these options provide more versatility by progressively improving throughout price ranges.
In addition, Apple now permits developers to establish prices that “follow the most typical pricing standards in each area or region” on a worldwide scale. This allows for more appropriate pricing of apps and in-app purchases for users in various geographic locations. A new option allows customers to choose not to automatically alter pricing to reflect changes in foreign exchange rates or tax rates.
Users can set prices for each storefront if you’d prefer, and Apple won’t change the prices you set for this base storefront to reflect taxes or exchange rate changes. On May 9, 2023, prices for current apps and in-app purchases will be revised globally, according to Apple.