Juli Clover, MacRumors:

Apple today announced a new billing grace period for subscriptions, which will let subscribers who experience unsuccessful auto-renewals continue to use an app’s paid content while Apple attempts to collect payment.

This will be a useful feature for developers as customers who do not immediately update their billing when a subscription fee becomes due can currently lose access to premium features right away.

Excellent move.

∞ Read this on The Loop

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