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Sync is back on the Play Store, but it's not a third-party Reddit app anymore
(www.androidpolice.com)
this post was submitted on 01 Aug 2023
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Why is financial info / purchase history collected?
To check your in-app purchases / subscriptions.
Sync can only check its own purchase history.
It looks like there will be a paid version via an in-app purchase, so I imagine that this permission is used for license validation between installs.
EDIT: From the data safety page:
Right now there's an IAP for Sync Ultra that is monthly or annual