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Dark side of Starbucks app: Coffee giant accused of rigging payments to the tune of nearly $900 million over 5 years | Fortune (fortune.com)

submitted 10 months ago by sanqueue@lemmy.world to c/technology@lemmy.world

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[–] Lauchs@lemmy.world 0 points 10 months ago

Ha, completely forgot about this.

You should read that article carefully though. They even outline why this is a money maker later:

You might be wondering, how did I get $1650 in total revenue from a $1500 sale? Well, it’s true, because you were able to take 10% of the gift card in breakage income, and on an individual order/customer it can look funny, but on the whole, with your P&L, it’ll be offset by another gift card purchase not being used and money that was “indefinitely deferred!”

So, uhhh, I guess I'd ask, why would you comment on something about which you know nothing?