Amazon attacks Honey as security risk after PayPal paid $4bn for it

PayPal’s recently acquired shopping app Honey “tracks you private shopping behaviour” and represents a security threat, according to Amazon.

Honey, which PayPal bought in its largest deal to date for $4 billion in November, works by scouring the internet as for discount coupons as you browse and applying the best ones automatically.

It us added to users’ internet browsers as an extension and also works with large marketplaces like Amazon.

However the retail giant has taken issue with Honey, which currently boasts 17 million users, warning users who downloaded the plugin that it was a security risk.

Honey has worked with Amazon since it launched in 2012, leading many to speculate the retailer’s allegations could be more to do with PayPal’s acquisition and less about security.

READ MORE: PayPal agrees landmark $4bn acquisition of ecommerce company Honey

“Honey tracks your private shopping behavior, collects data like your order history and items saved, and can read or change any of your data on any website you visit,” it said.

“To keep your data private and secure, uninstall this extension immediately.”

Amazon later told CNBC that its goal was to “warn customers about browser extensions that collect personal shopping data without their knowledge or consent”.

In response to Amazon’s seemingly unprovoked allegations, Honey said: “We only use data in ways that directly benefit Honey members — helping people save money and time — and in ways they would expect. Our commitment is clearly spelled out in our privacy and security policy.”

It added that it does collect “limited” data on shopping in order to find the best coupons, but does “not sell your personal information. Ever.”

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Apps / MobileEcommerceNewsSecurity

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