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Google Allows In-App Purchases, Will Only Take 5 Percent Cut

Google will now allow developers to include in-app purchasing on the apps available on its Chrome Web Store.

The announcement was made during Google’s I/O conference, which saw other revelations like Chromebooks and Android Ice Cream Sandwich.

Google’s Vishal Gupta, who made the announcement, said that developers will be able to implement in-app purchasing capabilities to their new and existing apps using a single line of code, Gupta said. Google has decided to keep 5 percent of the sales generated by apps, giving the rest to developers, reports.

Google's primary mobile OS rival Apple charges 30 percent for in-app purchases.

Google said that over 70 million apps had been downloaded using the Chrome Web Store since it was launched last year. The store features both free and paid apps.

The company also took this opportunity to announce that its Chrome web browser was being used by 160 million people worldwide. Google also revealed that the Chrome Web Store is now available worldwide in around 41 different languages.

Angry Birds developer Rovio also took to the stage at the I/O conference, announcing that the game is available as a web app on the Chrome web browser.