Paribus is a new service that promises to save you money by getting stores to give you money back when prices drop or you miss a deal. Stores often guarantee refunds if prices drop on items you purchased. They even promise to price match. But they don’t follow through unless you ask them to. Who has time to track prices and file claims? Paribus does all that for you. When you are owed money, Paribus automatically gets it for you.
How Does Paribus Work?
Paribus holds stores to their word when they promise to give you a refund. Amazon, for instance, will refund price drops within 30 days. Paribus scans your inbox for receipts and automatically files the saves you money when the items you bought drop in price.
Registering for Paribus takes a couple of minutes. It's a well designed and intuitive platform. The only catch is you need to give access to your email and your Amazon account. Amazon doesn't always itemize purchases on its receipts so Paribus needs direct access. Other major stores are fine. Providing this level of access may be an issue for people wary of sharing credentials with new companies.
How Much Does Paribus Cost?
Paribus makes money by charging a percentage off the money they save you. No savings, no fee. To start with users are charged a 25% fee, but this can drop to 0% if you send referrals to friends on your social networks.