Paribus, an App That Automatically Compensates for Price Drops, Is Available for IPhone and Android

iOS / Android: Paribus is an online tool that tracks your purchases looking for price reductions and automatically refunds you the difference. It’s free, works well, and is now available as an iPhone and Android app. And the company recently updated the iOS app with some cool features.

We’ve told you how Paribus works , but the bottom line is this: some stores offer refunds for price reductions. You link your email or Amazon account to Paribus and it looks for drops from participating sellers . If they find a drop, they will ask the seller for a refund on your behalf. They authenticate directly with vendors via email, so you never provide your password, and they also use bank-level encryption to protect data sent like your purchases. You can read more about their privacy and security here .

If you already have a Paribus account, you simply log into the app through your email provider and access your dashboard. Better yet, the app shows statistics on your purchases. You will see how many purchases were registered and how many of them were made at the lowest price.

Apart from that, here are a few more important points about the latest version of the iOS app:

Introducing Drops : In addition to receiving reimbursements to people, users can now see an anonymous stream of savings in real time and make purchases with “verified” deals. A simple yet powerful feature to combat the tendency for list prices to lose meaning ( NYT Story ).

More intuitive interface: Adaptation, design and copying have been redesigned to make the application more transparent and easier to understand. Refunds are still automated, but the app shows more clearly how and when the refund bot works and behaves.

Smarter bot for reimbursement : The effects of the data network are spreading, and every month the algorithms are saving customers more and more. Depending on the store, we now refund users for 5-15% of their purchases.

Founder Eric Gleeman says that work is underway to update the Android version, but in the meantime, you can always use the version of the web app to access your dashboard and other analytics.

Paribus | Apple Store

Paribus | Google games

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