The PayPal Honey browser extension is, in principle, a useful solution to discover higher offers on merchandise whilst you’re procuring on-line. However in a video revealed this weekend, YouTuber MegaLag claims the extension is a “rip-off” and that Honey has been “stealing cash from influencers, together with the very ones they paid to advertise their product.”
Honey works by popping up a proposal to seek out coupon codes for you whilst you’re testing in a web-based store. However as MegaLag notes, it continuously fails to discover a code, or provides a Honey-branded one, even when a easy web search will cowl one thing higher. The Honey web site’s pitch is that it’ll “discover each working promo code on the web.” However based on MegaLag’s video, ignoring higher offers is a characteristic of Honey’s partnerships with its retail purchasers.
MegaLag additionally says Honey will hijack affiliate income from influencers. In line with MegaLag, in the event you click on on an affiliate hyperlink from an influencer, Honey will then swap in its personal monitoring hyperlink once you work together with its deal pop-up at check-out. That’s no matter whether or not Honey discovered you a coupon or not, and it ends in Honey getting the credit score for the sale, quite than the YouTuber or web site whose hyperlink led you there.
Paypal VP of company communications Josh Criscoe mentioned in an electronic mail to The Verge that “Honey follows business guidelines and practices, together with last-click attribution.”
MegaLag isn’t the primary to make such claims. A 2021 Twitter put up advises utilizing Honey’s low cost codes in a distinct browser to keep away from it taking the affiliate credit score. A Linus Media Group worker additionally defined in a 2022 discussion board reply that Linus Tech Ideas dropped Honey as a sponsor over its affiliate hyperlink practices.
Honey’s comfort has resulted within the extension being beneficial extensively, together with in nearly 5,000 Honey-sponsored movies throughout about 1,000 YouTube channels, based on MegaLag. We’ve even beneficial it right here at The Verge; now we don’t.
Right here is Criscoe’s full assertion:
Honey is free to make use of and offers hundreds of thousands of buyers with extra financial savings on their purchases at any time when doable. Honey helps retailers scale back cart abandonment and comparability procuring whereas rising gross sales conversion.