Apple, FTC, Parents Settle In-App Purchase Debacle

Adrienne Minor

Apple, FTC, Parents Settle In-App Purchase Debacle (CNBC)

Apple reached a settlement with the Federal Trade Commission to provide a minimum of $32.5 million in full consumer refunds for in-app purchases which the FTC and consumers claim were not authorized. There was a loophole in Apple’s billing process, where purchases made within an iPhone or iPad app were made without requiring further authorization for about fifteen minutes after an authorized in-app purchase transaction was conducted. Unscrupulous children used the window to run up bills from a few bucks to thousands of dollars.

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This Friday, iPhones will go on sale through China Mobile, the world’s largest mobile company with more than 760 million subscribers.

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