New $2 Fee by Verizon

By jobeard
Dec 30, 2011
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  1. Money grubbers, greedy or just good business - - you decide.

    The NY Times has an article which states Verizon will charge $2/month for payments
    made as one-time credit or debit card payments on the phone or online.
    Scheduling an automated debit to your checking account OR mailing a real check
    would not incur this new fee.

    There's such an uproar over this that some are suggestion that everone use real checks
    and drive up their processing costs to get even :)

    The original story is here
  2. SNGX1275

    SNGX1275 TS Forces Special Posts: 10,715   +397

    I think its kind of a lame move. It doesn't (or does it?) cost them anymore to process CC payments whenever a person pays their bill vs charging their CC automatically. The other legitimate complaint is that you are out money immediately and automatically if there is a billing error - that creates 2 issues: 1. You are more likely to miss a billing error if the payment is done automatically, without your intervention. 2. If you are billed incorrectly you are out that money until it gets resolved.
  3. raybay

    raybay TS Evangelist Posts: 7,241   +9

    Verizon is trying to "nudge" its customers over to another system by which they can profit even greater ... Lots of information now available on major news sites... NYT, Washingtpost, Chicago Times, LA Times, Atlanta Constitution...

    This appears to be one of those times when users are going to be pi**ed off, and vote with public opinion and even their wallets.

    Enough noise, and Verizon will pull back, methinks.
  4. jobeard

    jobeard TS Ambassador Topic Starter Posts: 9,348   +622

    On the way home today, I just heard on KNX Radio
    "The fee has been retracted by the CEO of Verizon".
  5. Tedster

    Tedster Techspot old timer..... Posts: 6,000   +15

    This is outrageous. $2 to PAY YOUR OWN BILL.

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