The US company PayPal wants to bring a new service to Europe.
The service with the name Honey is also supposed to be launched in Germany and supposedly help save money.
San José - Almost 30 million Germans use PayPal, an online payment service.
Now a new service is to come to Germany.
In 2019, the US company PayPal bought the start-up Honey.
This is a discount portal that should also find its way to Europe two years after the purchase.
According to
Internetworld
, Honey will initially launch its own app in Germany, Spain, France, Italy and the Netherlands.
The payment provider had already carried out tests on the German market in spring 2020, as
Finance Forward
reports.
PayPal brings discount portal Honey to Europe - how does it work?
But what can Honey do and how does the discount portal work?
First, the user has to install the Honey browser extension.
Consumers can then shop online and put the desired products in the shopping cart as usual.
Before the payment process, Honey comes into play and searches for discount codes for the selected goods.
If matching codes are available, these are used and the customer pays accordingly less.
Honey App: Soon to be launched in Germany - What does the service offer?
It is also possible to create wish lists in the Honey app. If the price of a desired product falls on the list, the user is notified. “Honey is one of the most transformative acquisitions in PayPal history. It offers a broad portfolio of services to simplify the consumer shopping experience while making it more affordable and rewarding, ”said Dan Schulman, President and CEO of PayPal, in the official announcement regarding the acquisition of the company.
It shouldn't be long before Honey is launched in Germany.
After all, the portal regularly advertises in Germany and some websites have already been translated.
Honey is already available in the other countries (Spain, France, Italy and the Netherlands).
Another popular payment service is Apple Pay.
Sparkasse customers can now also use Apple Pay for online purchases on the web or in apps.
(jsch)
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