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Money is the basic necessity of life. Most of life isn’t possible if you don’t have money. It is a well-known fact that people spend a lot of money on online stores and they don’t even know if they are eligible for some return or refund. Paribus is one of a kind platform that is helping people save a lot of money from their online purchases in a unique way.
Paribus is different from other savings apps because they use a model based on getting refunds from pricing changes. Paribus makes sure that you get a refund when prices charged by online retailers change. If you have made the purchases in the past 90 days from an online store and the price of that very product has changed in the meantime, you are subject to a return of the difference in the price. It happens in real time, and Paribus uses bots to monitor the price changes regularly. Once an eligible claim is detected, Paribus engages with the retailer on your behalf and files a claim requesting a refund. This is a unique model that hasn’t been implemented before.
In doing this Paribus review, one thing I liked was the pricing structure. When a claim is detected, and Paribus is successful in getting you a return, the amount is deposited directly to your credit card you used to make the purchase. Once it is done, Paribus keeps 25% of that amount. You can, however, lower your rate by referring your friends and even earn some cash.
Paribus covers different popular online stores. More stores are being added to the database to help more people get a return on their purchases. Some of the major retailers that Paribus currently supports are Amazon, Costco, Sears, Home Depot, Best Buy, Staples, and Target. The full list from Paribus’ webpage is below.
There are tons of reasons why you should trust Paribus to make your claims. One of the major reasons is the signup process which is free. There is no signup fee that you need to pay them upfront. You can claim your amounts from different stores you spend money on. The amount you can save depends on the amount you have spent. Purchases with higher prices are likely to get you higher refunds. So, the only major outlay is your time.
Paribus does request your credit card information and read access to your email. A lot of people don’t like this. However, there haven’t been any instances that I could find of anyone who felt their identity was stolen because of Paribus. That said, providing credit card information is standard in most on-line transactions. Also, if you are using a commercial email package like gmail you already consent to have your email read by their advertising bots, so you aren’t giving up much that you haven’t already. Plus, you get your money back without having to work for it – the savings are totally effortless and since the app is owned by CapitalOne, they use industrial grade encryption.
Using Paribus is very simple. All you have to do is to download the Paribus app on your iPhone with iOS 7 or newer, and signup with your email address. You can also use Paribus by visiting the website and signup using your email ID. Then you sit back and collect. It’s pretty simple. Sign up here or navigate to their website using the icon below.
Hopefully, this Paribus review has given you much need information about the app. I’m all for saving money these says.
Have you used Paribus before? What are your thoughts on it?