Paribus is a popular app that promises to help consumers save money by monitoring their online purchases and automatically requesting refunds if the price drops. While this may sound like a great deal, there are some trust issues that consumers should be aware of before using Paribus.
First and foremost, Paribus requires access to your email account in order to monitor your online purchases. This means that the app has access to all of your personal and financial information, including your credit card numbers, shipping addresses, and purchase history. While Paribus claims to use encryption and other security measures to protect your data, there is always a risk of a data breach or other security issue.
Another concern with Paribus is the fact that the app is owned by Capital One, a large financial institution. While Capital One is a reputable company, some consumers may be wary of giving a bank access to their personal and financial information. Additionally, some users have reported issues with Paribus not working properly or failing to request refunds on their behalf.
Finally, it is important to note that Paribus takes a percentage of any refunds that it secures for you. While this may not seem like a big deal, it can add up over time and may not be worth the risk of giving the app access to your personal information.
So, should you use Paribus? Ultimately, the decision is up to you. If you are comfortable with giving the app access to your email account and are willing to take the risk of a data breach or other security issue, then Paribus may be a useful tool for saving money on your online purchases. However, if you have any concerns about privacy or security, it may be best to avoid using Paribus and look for other ways to save money on your purchases.
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