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Starbucks Korea Doubles Down on Cashless Stores

Starbucks Korea Doubles Down on Cashless Stores

SEOUL, Oct. 23 (Korea Bizwire) — Starbucks Coffee Korea Co. is adding 300 more ‘cashless shops’ in addition to the 103 stores currently in operation, starting on Monday. Cashless stores recommend that customers use a means of payment other than cash. The company noted that adding 300 more cashless stores would amount to one-third of [...]

Cashless Economy Encroaches on Everyday Life

Cashless Economy Encroaches on Everyday Life

SEOUL, Oct. 12 (Korea Bizwire) — On an ordinary weekday in downtown Seoul a middle-aged woman walks into a Starbucks to order a cup of coffee. When she takes some paper bills out of her purse to pay the cashier, he politely refuses them and points to a notice at the entrance. “This store doesn’t [...]

Starbucks Coffee Korea Slapped with 10mln-Won Fine

Starbucks Coffee Korea Slapped with 10mln-Won Fine

SEOUL, Jul. 11 (Korea Bizwire) — South Korea’s communications regulator has slapped a 10 million-won (US$9,000) fine on Starbucks Coffee Korea Co. for breaching personal information of hundreds of its customers, an official said Wednesday. The Korea Communications Commission said IDs, nicknames and mobile phone numbers of 537 people were disclosed due to a technical [...]