Starbucks Korea earns $28.7 mil. in interest from $1.8 bil. in prepaid cards in past 6 yrs: report

Starbucks Korea earns $28.7 mil. in interest from $1.8 bil. in prepaid cards in past 6 yrs: report

A total of 2.6 trillion won ($1.8 billion) has been loaded onto Starbucks Korea's prepaid cards over the past six years, generating 40.8 billion won in interest and investment income, a parliamentary report showed Sunday. According to the report compiled by the Financial Supervisory Service (FSS) and submitted to Rep. Kang Min-kuk, the total value of prepaid transactions reached 2.6 trillion won across more than 81.1 million transactions between…