If you are a Android developer, this is a good news for you. Google has introduced Android in-app billing. In-app billing allows developers to process financial transactions from within Android application.The developers can use in-app billing to sell photos, media, service etc. In-app billing is a part of Android market service. To use in-app billing, it is not required to open any special account. The standard Android market publisher account along with Google checkout merchant account will work.
The following are the benefits of using Android in-app billing.
1. The financial transactions are handled by Android Market place thus offers more security and sense of confidence to end users of the application about secure financial transaction.
2. This is a very good option for small startup and individual developers who can not afford initial high cost of setting up of payment gateways.
3. The developers pays 30% as transaction fees.
4. In-app payment uses same checkout service as used for application purchase. This provides application users using the same known interface.
5. The developers can get all required samples and detailed instructions to add products, process payments handle refunds.
More details about Android in-app billing is available from here
