Google unveiled the Chrome Web Store at GDC Europe on August 16. Google developer advocates, Mark DeLoura and Michael Mahernoff, revealed that the Google Chrome Web Store, an online application store which will allow you to purchase and use Chrome Web applications will be launched in October.
The payments will be handled by Google Checkout, and here’s the important bit for developers: Google will take only a 5% processing cut, much less compared to the 30% cut which is the norm in mobile application stores. It will also support in app transactions by the first half of 2011.
The Chrome Web Store may help Google win a nice share of the social/web gaming pie. The lower cut is probably directed at luring Facebook game developers to create applications and games for the Chrome Web Store.
Source: 1UP – Chrome Web Store