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The HONEY SCAM Explained! So, Honey is a free-to-use Chrome extension started in 2012 by George Ruan and Ryan Hudson as a tool that helps you find the best coupon code while making a purchase. It was later aquired in 2020 by PayPal for $4 Billion!

Companies partner with Honey because it works for their margins. Businesses exist to make money, not give it away.