Paribus is an app that helps you save money by claiming refunds on purchases if there is a change in price soon after you bought the item. On this Paribus review, we will dig into more details about what it can and can't do.
While it might seem impossible, today, the reality is that you can make extra money by doing as little as possible. There are plenty of options for earning little extra money online, and even though many of these new extra jobs or part-time gigs may not fetch large sums of money, these smaller amounts do eventually add up and could make a real difference to the way you plan your day-to-day budget. What’s more, they are good ways to supplement your regular income.
While earning little extra money is always a good thing, it is even more important to be smart about the way you spend it. So, not only do you have to learn to spend wisely but you also have to start saving for a rainy day.
As you might have seen by now, saving money can be tough and requires your constant attention. Often, it may even seem like the rewards you reap are not equivalent to the effort you put in. However, the truth is that saving even little extra money is ultimately worth it; you will always have enough resources when you need them.
Now, you might ask, what are some of the easiest ways to save money? How can you save money with little to no effort? In addition to careful financial planning and taking small and important steps (such as buying the cheapest options possible), there is another way to watch your spending and make sure you’re getting the best deal possible. This is where apps come in. In this article, we will explore one particular app - Paribus.
Overview of Paribus
To start the Paribus review, let's talk what exactly is Paribus. It is an app you can use to save little extra money with minimal effort. To use Paribus, you upload your shopping receipts to the app. If the prices of whatever you bought decreased soon after you bought them, Paribus will work with the companies and help you gain a refund on those items.
Sounds simple, right? In reality, it is even easier than it seems. Once you connect Paribus to your email ID, the app scans your inbox for receipts and alerts you to potential refunds whenever one is possible.
What makes Paribus unique is that it helps its users save money after they have made their purchases, instead of before. This is unlike other coupons and deals where you must avail of these offers at the actual time of the purchase. The fascinating thing about Paribus is that it uses many of the same methods or statistics that companies use to distort prices in the first place.
Now, you might ask, how does this work? The answer is simple. Paribus does all the work for you. The app monitors some retailers and keeps an eye out for changing prices. It then uses this information to find a lower price for you.
Before you get started with Paribus, you might want to understand its features better. Here are some of the most important elements of the app:
Main Features of Paribus
Connects to Your Email
Paribus has to be synced to the email ID on which you receive your online receipts. This means you have to be comfortable sharing your email ID with Paribus. However, rest assured that the app does not collect information on all of your emails – just the ones that have transactional data.
It Works in the Background
Paribus works behind the scenes and starts only after you have made your purchases.
Sign up for Free
It costs you nothing to sign up for Paribus!
Lots of Retail Partners
Available as an App for iOS Devices
Paribus is available as an app for iOS devices so you can even use it on your phone. Unfortunately, it is currently not available on Android devices.
Paribus monitors the delivery of your items (for a few of its retail partners).
Paribus Review: How Is Paribus Priced?
To use Paribus, all you need is a device (which, unfortunately, has to be an iOS only); it is an otherwise free app. However, you might then ask, what amount of money can you earn or save using Paribus? Does it help you save money?
There is no “right” answer to this question. It is entirely dependent on how much you shop, what you shop for and how much the prices fluctuate soon after you buy those items. In other words, it is very difficult to estimate the actual amount of money you could make or save using Paribus as it is almost entirely based on your shopping habits.
How It Compares
This Paribus review will not be complete without comparisons to similar apps. It is also really important to ask how Paribus compares to other apps just like it. Are there apps that do more than Paribus? Or is there something you can use in addition to Paribus? Let’s find out.
ShadowBid, like Paribus, is also a free app.
ShadowBid deals with Amazon alone. In other words, it specializes in helping you gain refunds on your purchases made on Amazon (and no other platform). Its data comprises nearly all of Amazon’s price history! If you are someone who uses Amazon, way more than other retailers, this might be a good option for you. If you shop with other online retailers as well, this can be a disadvantage.
ShadowBid has automatic buying. So, instead of alerting you to the lowest price of a particular item, ShadowBid asks you what you want to pay for that item. When and if that item becomes available at the price you quoted, ShadowBid automatically buys it for you. This can be of great advantage since it saves time and allows you to buy something at just the right price. However, it can also be a disadvantage as you may want to review the product again before you purchase it. With this option, you will not be able to reverse the purchase if you happen to change your mind.
ShadowBid places heavy emphasis on statistics. It gives you all the information you might want to take into account before you make a purchase; for instance, how much an item used to cost (or the price history) and how much the prices have changed. It also lets you know the average price of an item alongside its current price.
Available as an App
ShadowBid is also available as an app! However, it can only be downloaded on iOS devices and not on Google Play. Unfortunately, this automatically tends to limit its user base since it excludes all Android users.
Like ShadowBid and Paribus, Zen Shopping is a free app.
In addition to monitoring prices after you have made your purchase, Zen Shopping acts as an online store in itself. It has a universal checkout system, thereby making it easier for you to shop at other online stores from the same platform, hassle-free.
Zen Shopping shows you the price of one item across different online retailers. This way, you get to compare and pick the cheapest possible option.
Track Your Shipments
Just like ShadowBid, Zen Shopping also tracks your shipments from all of these online retailers.
Only on iOS
On the flip side, Zen Shopping is only available to those with iOS devices. So, this automatically tends to limit its user base since it excludes all Android users.
Like most other alternatives in this category, Slice is a free app.
Track Your Shipments
Even though Slice follows monitors potential adjustments in price, it is quite different from Paribus because its main focus is tracking the shipments of your online deliveries through your email.
Android and iOS
Slice is available on both Android and iOS devices. This gives the app a major advantage over its competitors since many of them exclude Android users.
Online Shopping Organizer
Slice also has an online shopping organizer which monitors how and where you spend your money. It makes things a little easier for you by creating a sort of profile that records all your purchases and transactions.
Slice allows you to scan the barcodes of your purchased items. This way, it is easier for you to track them.
Paribus Review: The Pros and Cons
It is a good idea to weigh out the pros and cons of Paribus before you make an informed decision. As is the case with most apps, you must also have your own set of evaluative criteria. After all, only you know what best suits your habits and daily life.
No More Coupons
One of the major advantages of Paribus is that you no longer have to go out of your way to find deals, offers, promo codes or coupons. These are notoriously difficult to find and usually have far too many conditions listed in the fine print. With Paribus, all this work is done for you after you have finished with your shopping!
It Is Connected to Online Stores
You Keep the Entire Refund
Paribus claims that you keep 100% of the savings that you are entitled to. This could be a reasonably large sum of money, depending on what item you’re getting the refund on.
The next part of the Paribus review are the cons.
It Asks for a Lot of Personal Information
One of the main drawbacks of Paribus is that it requires a substantial amount of your personal information, such as your email ID and credit card details, right at the get-go. This could be a deterrent for users who are understandably reluctant to share their private details on an app.
It Is Not Available on Android Devices
Paribus is no longer available for Android users, but it can be downloaded on iOS devices. This could be very inconvenient for you if you have an Android phone and don’t want to use the desktop version of Paribus.
It Is Not Available outside of the U.S.
Paribus only works for purchases that are made within the U.S.
The Final Word
So, is this for you? The main conclusion from this Paribus review is that it is a unique, different and effortless option for saving (or even making) little extra cash.
While Paribus indeed comes with its set of disadvantages, as you may have seen in the pro-con list, from the Paribus review it is worth noting that the pros far outweigh the cons. What’s more, Paribus is a relatively recent endeavor. It means it has plenty of room to grow and improve.
Paribus could be a great addition to your day-to-day life; it could act as a kind of bonus regarding saving or earning little extra money. To put it more simply, Paribus should not be your first or only saving tool, but it can supplement your other methods of saving money.
If you are especially likely to spend a lot of time shopping online at the retail stores monitored by it, this app might be the thing you need. In this Paribus review, we took into account its simplicity and overall effectiveness and stacked these qualities against its shortcomings. Its significant disadvantage is that it seems to require a little too much access to your email. Overall, however, we would give it a rating of 3.5 out of 5 stars.
So, what do you think of the Paribus review? Do you think it could be the app you have been looking for? Give it a try and indulge in some guilt-free shopping!