Microsoft has slashed the 20 percent transaction fee it charges on its marketplace to three percent.
The move is designed to boost the development of apps for the Microsoft ecosystem.
Charlotte Yarkoni, Chief Operating Officer of Microsoft Cloud and AI, said: “This reduced transaction fee demonstrates our commitment to the success of partners creating value on our platform—and helps partners keep more of their margin to invest in their growth.
“This announcement made at Microsoft Inspire, among others, reinforces our commitment to helping partners get to market faster, build apps for every customer need, and scale through our channels”
Microsoft highlighted Teams and Viva as “untapped” opportunities for independent software vendors (ISV) to build upon.
From this summer, customers will also be able to purchase apps from directly within Teams via credit card and invoice.
