PayPal Joins Price-Matching Frenzy: Will Refund Customers Up to $250
Filed under: Budgeting & Planning, Shopping, Holidays
As we approach the notoriously competitive Christmas shopping season, this popped into our Inbox from investment site, Seeking Alpha:
PayPal has joined the Q4 price-matching frenzy: the online payments giant will refund customers on purchases costing $250 or less if they find a lower price. Up to $1K in refunds are covered, and PayPal says it will handle return shipping costs. PayPal and parent eBay (EBAY) have one big thing in common with the bricks-and-mortar retailers doing price-matching: it sees Amazon (AMZN), which uses its own online payments system, as a top competitor.
Price matching is a huge deal this year as conventional retailers take on the online marketing might of Amazon. The next few years will be interesting to watch, but for consumers willing to shop around and do their research, it should mean more money to save or invest - both things we all need to do more of.
PayPal has joined the Q4 price-matching frenzy: the online payments giant will refund customers on purchases costing $250 or less if they find a lower price. Up to $1K in refunds are covered, and PayPal says it will handle return shipping costs. PayPal and parent eBay (EBAY) have one big thing in common with the bricks-and-mortar retailers doing price-matching: it sees Amazon (AMZN), which uses its own online payments system, as a top competitor.
Price matching is a huge deal this year as conventional retailers take on the online marketing might of Amazon. The next few years will be interesting to watch, but for consumers willing to shop around and do their research, it should mean more money to save or invest - both things we all need to do more of.
RSS Feed
Contact Us
