idealmike
Level X3
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I just come across Paribus by a friend who recommended it to me. The way it works is, it scans your emails and looks for receipts from big online retailer stores like Amazon or Target etc. Then it compares the price you paid with the current price of it. If there has been a price drop on that product since you purchased it, you then get a refund.
It's free to sign up to Paribus, you have to give it access to your emails obviously. Then they look out for price reductions on any thing you have purchased from their selected merchants and retailers. Then when there is a price drop, Paribus will contact the store for you and get a refund for you. Apparently.
If they are successful in getting you a refund, they do keep 25% as a "success fee". But you get to keep the rest obviously including the item you actually purchased. Again, "apparently".
Their merchants include giants like Amazon, BestBuy, Newegg, Staples, Target, Bloomingdales, Gap, Walmart, Macy's, Apple and several other merchants.
And you'll have to check out their terms of service. Although the strange thing is, their TOS page doesn't load for me in Firefox. Maybe it's just a browser bug I don't know but I'd really like to see their terms of service and find out more about how they work.
Has anyone here used Paribus before?
Do you know of any similar services like Paribus?
Thanks!
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You can think of Paribus as your personal price adjustment agent. It’s job is to find and get you money when your online purchases drop in price. We’re talking after you bought them! There are hundreds of thousands of dollars every month of unclaimed cash that consumers leave in unfiled price drops. Paribus works tirelessly for you, the consumer, to make sure that cash ends up in your wallet. Our algorithms work by first identifying recent (past 90 days) purchases based on shipping and order confirmation emails found in your mailbox. Paribus then continuously monitors and compares price changes for these items in real time. Once an eligible claim is detected, Paribus engages with the retailer or credit card company on your behalf and files a claim requesting a refund. Keep in mind that different retailers and credit card companies When Paribus succeeds and a retailer issues a price adjustment, you are credited funds directly onto the original form of payment or provided the equivalent amount in store credit. When Paribus succeeds and your credit card provider issues a price adjustment, your bank account is credited directly (Citi) or you will receive a check via mail (Chase). Once Paribus is sure that you earned, a twenty-five percent success fee is charged to the credit card provided on the payments page.
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Lynne
Surely an online store can drop their prices? Imagine going down to your grocery store and insisting they refund you for items that are cheaper than they were when you bought them.
I don't follow how this can be right? That sounds a little suspicious to me to be honest Mike. If I got contacted by Paribus when I had my online store telling me I have to refund people because I am now having a sale or I have maybe dropped my prices for some reason I would have told them to stick it. Surely an online store can drop their prices? Imagine going down to your grocery store and insisting they refund you for items that are cheaper than they were when you bought them. I don't follow how this can be right?
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