It’s pretty rare to find an app that actually gives you real money with no strings attached. After all, the money has to come from somewhere. But thanks to an app we recently discovered, Paribus, the money’s coming from online stores and retailers you’ve recently shopped at. And since part of our jobs at WayUp is to help students get through college more easily, we had to share this one with you.
What is Paribus? After you make your normal online purchases, Paribus tracks when prices on those purchases go down, and then it helps put money back into your pocket—no effort required. Seriously, none.
Here’s a look at how Paribus works.
Paribus Tracks Your Receipts To Get You What You’re Owed
Many retailers have policies that entitle you to a refund if they later reduce the price of a product you’ve purchased. But even though retailers routinely do just that, many of us forgo the money we’re owed because we don’t want to jump through the normal hoops required to get that money back. Do you track the prices of every item you buy after you buy them? Probably not. But Paribus does — they’ll jump through the hoops for you!
The algorithm the Paribus team developed (psst! they’re hiring) continuously tracks both store policies and online prices after they log your receipt. Then, if the price drops, they’ll either get the refund for you—with no extra effort on your part—or send you a quick email letting you know how you can easily and simply obtain it for yourself.
All you’ve gotta do is sign up for Paribus and sync it with your email. Then, let the money roll in.
So far, they’ve found more than $28 million in savings for their users.
Where Does It Work?
The Paribus team currently has their algorithm monitoring more than 25 major retailers. Online stores like, Walmart, Anthropologie, Zappos, Costco, Gap, Target, Nordstrom, Macy’s, L.L. Bean, Loft, and Wayfair are all on the Paribus watch list. They also monitor late shipping from Amazon for you!
It’s a pretty robust list. And as you’ve probably noticed, it includes basically every place you’ve used to stock up on your school supplies, furnish your dorm, get your Official First Day of School outfit, and do way more of the stuff that comes with being a student.
When Should I Start Using This?
College is crazy expensive. We know — we’ve been there, and many of us at WayUp are still paying it off. But Paribus can help you save money during college, and we’d recommend starting now. Why? Because at the time of us writing this, “Back to School” sales are slowly finishing, which means prices on the “Back to School” items you’ve bought (notebooks, stationery, supplies, dorm room swag, etc) are going to start dropping. And you can get money back as a result.
Interested in saving a little extra green with no extra effort? Sign up today with your email directly on their website!
