Apple has reached a settlement with the Federal Trade Commission - costing the company at least $32.5 million. Apple failed to notify parents that once they enter their Apple password into their iOS device, it leaves a 15-minute window for purchases without needing additional authorization.
We have heard the stories about kids spending hundreds to thousands of dollars by making in-app purchases for virtual items. One of my good friends went through a similar situation when her son went on an in-app purchasing spree.The FTC says that this 15-minute window allowed kids to run up millions of dollars in charges in various apps (hello Tiny Zoo and Candy Crush, I'm looking at you and your in-app purchases.)
Apple will provide full refunds to customers who have been affected because of this window. Last year, they emailed 28 million App StoreRead More »from Apple Will Refund Parents Millions for Kids’ Unauthorized In-App Purchases