The Paribus app has lots of potential and solves that problem of buyer’s regret when you see that a product could have been cheaper. This app attempts to get you money back whenever you spent too much and it works with a variety of top chains and retailers. It makes big promises, but can it live up to the hype? Our Paribus review will cover what this app is, what it does, and some concerns people have with it.
What is Paribus?
Paribus is an app and online platform that checks through all your new and recent purchases to see if you overspent for any products or services. If so, then it will usually send out an email to the business requesting that they refund the difference to your account. I say usually because there are some businesses (like Amazon) that have policies against automated emails.
Paribus has a fix for that. It will alert you of the price difference and will tell you how to email the company yourself to request the refund. It’s easy enough and you might get some money back.
It also tracks shipping to see if packages arrived on time. For example, sometimes a two-day delivery comes after three days. Paribus attempts to hold the company responsible and seeks a partial refund. In general, this app attempts to get your money back whenever possible.
One other thing of note is that Paribus was acquired by Capital One, so you have a big business backing you up with this app.
What Companies Does Paribus Work With?
Paribus works with 25 different brands at this moment and they are likely to expand. While 25 may not sound like a huge number, you’ll recognize the names instantly. There’s Amazon, Best Buy, Costco, Macy’s, and Target, just to name a few.
The rules differ for each one and you can read the policy for each company if you like. However, the easiest way to break it down is that Paribus is either fully automated or semi-automated. Paribus can email some businesses without ever involving you, which is preferred because you don’t have to do any work. Some businesses won’t accept their emails, but Paribus will let you know how to follow through to save money.
How Does Paribus Work?
Here’s where some problems arise on the privacy front. Paribus works by going through your email address and checking all recent invoices and sales. This means any old invoices or new ones will be scanned by Paribus and checked against the best price at the time. For some, this will be innocuous while others might be turned off by the potential privacy issues.
Paribus needs access to your email address. There’s currently no way around that. Giving them another email address won’t work unless you’re having the invoices sent to that alternative email address. No one has reported any major privacy issues yet, but the concern is justifiable.
However, one thing to note is that Paribus will never store your login credentials. They use a “tokenized log in flow” that enables them to see your emails without storing your password and username. This ensures that hackers won’t be able to steal your password from their database.
Which Email Addresses Work with Paribus?
There are currently only three types of email addresses that work with Paribus, but they’re all quite common. You can use Gmail, Microsoft, or Yahoo accounts with this service. No other types of email addresses will work. Much like how you cannot get around giving them your email address, you also can’t around this issue.
If you use any of these three email providers (and most people do), then it won’t be an issue. If you don’t, then you can make a free email address with them and then have invoices sent there. It might be a bit of a pain in that case, but it should be fairly easy.
Removing Paribus’s access to your email feed takes a few steps and depends on your email provider. In general, you’ll often find a section labeled “Third-Party Services” under security or a similar heading. Remove Paribus’s permissions and it will no longer read your emails. Once again though, no one has reported major privacy issues with them.
There are some similar services like Earny that do nearly the same thing. However, the big difference is that most other services are paid while Paribus is free. It will never cost you anything to have them check invoices for lower prices.
So, how do they make money? It’s mostly through showing targeted advertisements on their app and website page. While this might cost you money if you click the ad and buy something, otherwise it’s completely free.
Can Paribus Actually Save Me Money?
Yes, it can. This is a legitimate service and many people have reported getting money back. It’s hard to pin down an average because it largely depends on how much you spend, what you got, what sales were available if the business is willing to refund the difference, and so on. While there are a lot of factors, the truth is this app has helped people get money back on their purchases.
It probably won’t be a tremendous amount of money (unless you’re spending a lot in the first place), but it’s a good way to get some cash back on everyday purchases. Plus, it’s nice to have a service watching your back and ensuring you didn’t spend too much on anything.
While some people are concerned about the potential privacy issues and limitations of Paribus, I have to say it’s a good service overall. It can help you get some money back if you spent more than the best price, and it’s good to see how much you can get back just by asking nicely.
I understand the privacy concerns, but if this doesn’t bother you too much, then I’d say try Paribus out and see how much it can save it. It immediately goes through your recent purchases (as long as the invoices are still in your inbox) and will see if it can save anything right now.