App Store blocked over $1.5B in fraudulent transactions in 2020

Seems like the company succeeded in fraud prevention last year

App Store

App Store blocked over $1.5B in fraudulent transactions in 2020. Source: shutterstock.com

In 2020 alone, Apple has managed to protect its users from more than $1.5 billion in potentially fraudulent transactions.

A year ago, nearly 1 million problematic new apps, and an additional nearly 1 million app updates, were rejected or removed for a range of reasons like those.

Besides, the App Review team rejected over 48,000 apps for containing hidden or undocumented features, and more than 150,000 apps were rejected because they were found to be spam, copycats, or misleading to users in ways such as manipulating them into making a purchase.

Apple has also processed over 1 billion ratings and over 100 million reviews, and over 250 million ratings and reviews were removed for not meeting moderation standards.

According to the statement, the company terminated 470,000 developer accounts in 2020 and rejected an additional 205,000 developer enrollments over fraud concerns, preventing these bad actors from ever submitting an app to the store.

We’ve reported that Apple launched Apple Card Family.

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