PayPal just bought Honey Amazon for a high price to warn users to uninstall the plug-in

PayPal recently acquired Honey, a start-up, according tomedia. But there’s something unpleasant between Amazon and Honey. During the holiday shopping season, Amazon told some users that the browser plug-in sits provided by Honey may have “security issues.” “Honey tracks your private shopping behavior, collects data such as historical orders and saves items, and accesses or changes the data you leave on pages you’ve viewed,” the message, posted on Twitter by multiple users, reads. “

PayPal just bought Honey Amazon for a high price to warn users to uninstall the plug-in

PayPal just bought Honey Amazon for a high price to warn users to uninstall the plug-in

In December, PayPal paid $4 billion for Honey, PayPal’s biggest acquisition. Honey was founded in 2012 and is headquartered in Los Angeles. The company allows users to look for coupons when shopping online. Honey works by automatically searching for discounts using browser plug-ins when consumers shop on sites like Amazon. Honey charges a partial commission for each sale and already has 17 million users.

PayPal and Amazon have never worked closely together before. And PayPal was once part of Amazon’s rival eBay, and Amazon didn’t use PayPal as a checkout. Amazon has its own discount plug-in.

Honey’s plug-in went on sale about seven years ago, when it was compatible with Amazon. This time, it also appears to be Amazon’s first public review of Honey over security concerns.

“Our goal is to remind consumers that some browser extensions collect personal shopping data, such as consumer names, receipt and/or billing addresses, and payment methods on checkout pages, without their knowledge or consent,” said an Amazon spokesman.

A spokesman for Honey said the plug-in “does not , and has never been — a security risk and can be used safely.” “

“The way we use data is to serve Honey users – help them save money and time – and to use it the way they want it to be.” Our commitment is clearly stated in our privacy and security policy. “

The company said it collects “limited shopping data” and analyzes information on retail websites so users can find the best coupons, but will not “and will never sell consumers’ personal data.”