An App That Helps You Get Back Money If There Is a Price Drop

in #finance6 years ago (edited)

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Have you ever spent time trying to look for a good deal before you make a purchase, only to find the retailer had lowered the price on the same item you just bought a few days?

Unfortunately, that happens sometimes.

However, the good news is that some retailers will give you a price adjustment if it was a recent purchase (usually a week to a month - depending on the retailer).

While that is good and all, it is difficult to stay on top of all of your purchases and monitor the price.

Paribus

Paribusis an app that actually helps monitor the prices of all of our purchases. The app also helps contact the retailers to request a refund for the price difference whenever there is a price drop.

This is all done behind the scenes and without you doing a single thing.

How Does It Work?

You start by registering your email with Paribusso that it can scan for purchases. Your purchases are stored in their database, which is used to help monitor for price drops.

If there is a price drop detected on the item you recently purchased, Paribuswill contact the retailer on your behalf and request for a price adjustment.

How Much Is It?

It costs you nothing! Paribusoffers their services for free and you get 100% of your refunds.

Is It Safe?

According to Paribus, they employ multi-level security mechanisms including dedicated firewalls, VPN services, intrusion prevention systems and stringent access controls on all information. They also indicated that they always transfer data via 256 bit SSL which is equivalent to bank level encryption.

So what do you think? Are you willing to give Paribusa try?

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