Apple announces billing grace period for subscriptions

Apple has announced a billing grace period for subscriptions. The tech giant says it has “worked closely with leading developers to create a solution for reducing customer churn while improving the experience for auto-renewable subscriptions.”

With the new grace period for unsuccessful auto-renewals, subscribers can continue accessing their app’s paid content while Apple attempts to collect payment — allowing them time to fix the issue. There won’t be any interruption to the subscriber’s days of paid service or to a developer’s revenue if payment is successful within the grace period.