4Semana·

Paypal -> Honey Extension

Hello community,

I came across an interesting video.

In a nutshell, it's about this:

  • Paypal has bought Honey. This is an extension (add-on) for Chrome.
  • Influencers advertise Honey with their ref-link
  • Honey replaces the reflink with its own to generate profit.
  • Influencer gets nothing
  • Discount codes do not exist


I have sold my profit ... unfortunately earlier but still at a profit. How credible the video is for one or the other is up to you.


https://www.youtube.com/watch?v=vc4yL3YTwWk

07.11
PayPal logo
Vendido x50 en 75,16 €
3758,01 €
10,10 %
10
8 Comentarios

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4Semana
I saw that video yesterday, and thought exactly what you thought…
1
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Don't I check? So this Honey makes a profit with ref links, that's good
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4Semana
@Soprano Honey exchanges the ref links from Content Creator with her own.
Perhaps a simple example:
Youtuber makes a video, this is sponsored by company X. He receives a fixed amount and a referral link where he is promised a percentage X if a user buys via the link. The Youtuber makes an effort to advertise the product well and puts a lot of work into it. The user clicks on the link knowing that it will help the Youtuber (this is where community building plays a major role). If Honey (PayPal) now exchanges the link and pockets the profit itself, the Youtuber has worked for PayPal for free. With my non-existent knowledge of law, I would see that as fraud. 😅
There are also other allegations, but these will probably be discussed in the next video.
1
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@Naaf That's how I understood it ... but why are they doing it? In principle, I have nothing against influencers having the butter taken off their bread, but how can that be their business model?
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4Semana
@Soprano phew, I can't say whether it's justified to piss off influencers. 😅
Well Honey does it because it's possible and nobody seems to have really noticed it yet.
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And that's just the tip of the iceberg from the video. + there's at least one more video coming for Honey
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4Semana
I also saw it and if the things in the video are true, then I wouldn't be surprised if this has significant consequences for PayPal. Of course, it remains to be seen whether it is actually illegal.
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And now the share is at €85...
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