For instance, when you use Honey to find savings opportunities, Honey gets compensated by the merchant for sending you to the merchant to do business. Honey gets paid commissions from the merchants they partner with. He thought how great it would be to automate the process of finding a coupon code, and the idea for Honey was sparked. He wanted a discount but his kids were hungry for some pizza and he didn’t want to search around for a code when hunger loomed in his household. The founder, Ryan Hudson, thought of the idea for Honey when he was ordering a pizza for his kids and was prompted to enter a coupon code during checkout. The company makes money from commissions with the 21,000 online merchants they’ve partnered with, and about 9,000 of those merchants pay Honey commissions. It also works with Amazon, but in my experience, the extension was never able to find me any coupons. It will automatically apply coupon codes (if it can find them) to your shopping cart.

The extension uses a type of crowdsourced technology (similar to Waze) to find out whether coupon codes work or not.Īfter you get to the checkout part of your shopping (no matter what site you’re on), you can click on the Honey button. According to the LA Times, Honey users save an average of $32 a month. There are a lot of money-saving apps out there. It is not only a mobile app but it is a browser extension as well. With over 17 million users, Honey is a great option especially since it is completely free to join.

It is also worth noting that Honey is now owned by PayPal. Honey is an app that can save you money by automatically search and apply coupon codes for thousands of online stores. In fact, they even have a 4 out of 5 on Trustpilot with over 4,700 reviews.

Honey is a legitimate company based in downtown Los Angeles.

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