Technology

60090 readers

3788 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago

MODERATORS

1025

PayPal Honey steals affiliate links and lies about finding the best coupons (youtube.com)

submitted 2 days ago* (last edited 2 days ago) by HiddenLayer555@lemmy.ml to c/technology@lemmy.world

209 comments fedilink hide all child comments

🖕 Fuck PayPal

And fuck Linus Tech Tips for intentionally keeping quiet about this after they found out.

you are viewing a single comment's thread
view the rest of the comments

[–] victorz@lemmy.world 2 points 1 day ago

The whole "buy now, pay later" deal is a credit loan. They are most likely paying the merchant directly and using your loan as collateral to speculate on the market, until you pay them back for that loan. If that's true, they are making profit on the interest gained from your loan.

I'm not very educated in economics, so I'm struggling to understand this. Is there a way to easily explain this? I'm 38 so... please use big words if you like, but simple domain language. 😅