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Does Paribus get anything out of this besides data? Do company's buy Paribus's data?
by eachro 11y ago
Does Paribus get anything out of this besides data? Do company's buy Paribus's data?
- ericglyman 11y agoFounder here. We are not selling data. Our model is to charge a portion of refunds that we actually get for you (that way we share same incentive as our users)
- peteretep 11y ago> We are not selling data Yet. Do you offer an iron-clad guarantee you won't in the future? Otherwise it seems like the first thing you'll do if investors start to put pressure on you...
- deleted 11y ago[deleted]
- kingnothing 11y agoIf you read the article you'll notice that they take a 25% commission on the refund amount.
- karimatiyeh 11y agoWe don't sell user data and we make money by taking a cut of the savings we're able to claim on behalf of our users. It aligns our incentives and keeps us focused on maximizing the savings our users get. We started building Paribus when we realized that most retailers were actually using PII and user information to price discriminate and overcharge their customers. The last thing we want to do is help enable these practices.