New $2 Fee by Verizon

[DelJo63]

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

 

[SNGX1275]

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.

 

[raybay]

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.

 

[DelJo63]

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"The fee has been retracted by the CEO of Verizon".

 

[Tedster]

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