Close Menu
  • Home
  • AI
  • Business
  • Market
    • Media
      • News
    • Politics
  • Sports
  • USA
  • World
    • Local
  • Breaking News
  • Health
  • Entertainment & Lifestyle

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated

What's Hot

Sen. Chris Murphy says it’s ‘clear’ Trump’s strikes on Iran are ‘illegal’

Stripping Down the Steamiest Secrets of Magic Mike

Cosmic Baseball is ready to light up ballparks nationwide

Facebook X (Twitter) Instagram
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram
BLMS Media | Breaking News, Politics, Markets & World Updates
  • Home
  • AI
  • Business
  • Market
    • Media
      • News
    • Politics
  • Sports
  • USA
  • World
    • Local
  • Breaking News
  • Health
  • Entertainment & Lifestyle
BLMS Media | Breaking News, Politics, Markets & World Updates
Home » Ahead of WWDC, Apple says App Store blocked $2B in fraud transactions last year, $9B in past 5 years
AI

Ahead of WWDC, Apple says App Store blocked $2B in fraud transactions last year, $9B in past 5 years

BLMS MEDIABy BLMS MEDIAMay 27, 2025No Comments4 Mins Read
Share Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Copy Link
Follow Us
Google News Flipboard
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


Apple on Tuesday announced new figures related to its App Store’s ability to protect app developers and consumers from fraud. The company said it has prevented more than $9 billion in fraudulent transactions over the past five years. In 2024, Apple stopped $2 billion in fraudulent transactions and blocked nearly 2 million risky app submissions from being published.

The release of these metrics, in the days before Apple’s annual Worldwide Developer Conference (WWDC 2025), aren’t just meant to highlight the benefits of selling software on the App Store. They also serve as a stark reminder of what developers will face if they try to go it alone on mobile payments.

After Fortnite maker Epic Games successfully prevailed in a high-stakes legal battle with Apple over App Store antitrust issues last month, Apple was forced to give U.S. app developers the ability to link to alternative payment methods inside their apps, where Apple couldn’t take a commission.

Though larger apps like Fortnite, Spotify and Amazon Kindle were quick to take advantage of the new functionality, smaller app developers may still be on the fence as to whether it makes financial sense for them to process their own payments due to the risks of fraud, chargebacks, refunds, and other issues that Apple’s App Store handles in exchange for a 15%-30% commission on in-app purchases.

Demonstrating the scale of its operation, Apple said it prevented over $2 billion in fraudulent transactions in 2024 alone across its App Store, which is live in 175 regions globally and sees an average of more than 813 million visitors per week.

Image Credits:Apple

The iPhone maker also reminded developers that transaction fraud isn’t the only kind of risk that Apple protects against, noting that bad actors try to exploit users in other ways, like stealing personal data, creating fraudulent accounts, and pirating apps, among other things.

Apple said it terminated more than 146,000 developer accounts in 2024 over fraud concerns, and rejected an additional 139,000 developer enrollments from bad actors. It also rejected over 711 million customer account creations and deactivated nearly 129 million customer accounts last year. And it blocked over 10,000 illegitimate apps on pirate storefronts, which included malware, pornography apps, gambling apps, and pirated versions of developers’ legitimate apps.in fraudulent transactions and blocked nearly 2 million risky app submissions from being published.

Under the EU’s Digital Markets Act, people in the region are now allowed to access alternative app stores that host the kind of apps that Apple’s policies don’t allow, or apps that want to market themselves to users outside Apple’s control for other reasons. Apple’s message to developers here suggests that those app stores are also often the place where developers’ own software is pirated and resold, putting them at risk.

The company also noted it stopped nearly 4.6 million attempts to install or launch apps outside the App Store or other approved third-party marketplaces.

Apple has long used the argument that its App Store commissions are about more than just processing payments, saying it’s also about providing security, hosting, distribution, discovery as well as blocking fraud.

That’s a compelling case for smaller app developers, including those who already pay the reduced 15% commission as part of Apple’s Small Business Program. In fact, early data from RevenueCat, which provides developers with subscription infrastructure, indicates that small businesses are unlikely to financially benefit from switching to their own payment systems.

In its announcement, Apple also reviewed other aspects of its App Store business and how it benefited consumers and developers, sharing other, more detailed metrics around App Review, discovery fraud, payment and credit card fraud, and more.

Image Credits:Apple

Combined, these numbers are designed to remind developers why they should choose the App Store in a market where it’s now no longer the only way to reach users or monetize mobile apps.



Source link

Follow on Google News Follow on Flipboard
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
Previous ArticleThe US and EU are in a showdown over trade. What does Trump want and what can Europe offer?
Next Article Supreme Court denies student’s right to wear ‘only two genders’ T-shirt at school
BLMS MEDIA
  • Website

Related Posts

Meta reportedly hires four more researchers from OpenAI

June 28, 2025

Week in Review:  Meta’s AI recruiting blitz

June 28, 2025

Vitalik Buterin has reservations about Sam Altman’s World project

June 28, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Nova Scotia: Siblings Lily, 6, and Jack, 4, have been missing in rural Canada for four days

May 6, 202515 Views

Families of Air India crash victims give DNA samples to help identify loved ones

June 13, 20258 Views

Australia’s center-left Labor Party retains power as conservative leader loses seat, networks report

May 3, 20254 Views

These kibbutzniks used to believe in peace with Palestinians. Their views now echo Israel’s rightward shift

May 2, 20254 Views
Don't Miss

Meta reportedly hires four more researchers from OpenAI

By BLMS MEDIAJune 28, 20250

Looks like Meta isn’t done poaching talent from OpenAI. Earlier this week, TechCrunch reported that…

Week in Review:  Meta’s AI recruiting blitz

Vitalik Buterin has reservations about Sam Altman’s World project

Anthropic’s Claude AI became a terrible business owner in experiment that got ‘weird’

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated

Our Picks

Sen. Chris Murphy says it’s ‘clear’ Trump’s strikes on Iran are ‘illegal’

Stripping Down the Steamiest Secrets of Magic Mike

Cosmic Baseball is ready to light up ballparks nationwide

Welcome to BLMS Media — your trusted source for news, insights, and stories that shape our world.

At BLMS Media, we are committed to delivering timely, accurate, and in-depth information across a wide range of topics. Whether you’re looking for breaking news, political analysis, market trends, or global developments, we bring you the stories that matter — with clarity, integrity, and perspective.

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 blmsmedia. Designed by blmsmedia.

Type above and press Enter to search. Press Esc to cancel.