Want to Pay Your Verizon (VZ) Bill? It May Cost You...
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Normally, companies are just happy to have you pay your bill, whether it be electric, cable, gas, or any other.
Verizon (NYSE: VZ), on the other hand, thinks paying your bill either online or over your phone is worthy of a charge.
Starting on January 15th, 2012, Verizon customers opting to pay via their mobile device (with an app or browser, not phoning it in) or those who use the old-fashioned website, will be assessed a $2 "convenience" charge by Verizon.
Verizon says it will alert the customer before any transaction is final, and suggest other payment methods to avoid the fee. Options include paying via your bank, electronic check (ACH), automatic payments (no matter what the method), with an envelope and check sent by snail mail, using a gift card, going to a Verizon store, etc. So just the two most-convenient options are the ones customers will be charged for...
Watch out for an "Occupy Verizon" movement heading your way. Notably, AT&T (NYSE: T) isn't charging anything to pay yet, but that may change with this Verizon move.
PS - Did anyone at Verizon see what happened to Bank of America (NYSE: BAC) before it even implemented a ridiculous $5 per month debit card fee?
Shares of Verizon are 0.5 percent higher on the session.
Verizon (NYSE: VZ), on the other hand, thinks paying your bill either online or over your phone is worthy of a charge.
Starting on January 15th, 2012, Verizon customers opting to pay via their mobile device (with an app or browser, not phoning it in) or those who use the old-fashioned website, will be assessed a $2 "convenience" charge by Verizon.
Verizon says it will alert the customer before any transaction is final, and suggest other payment methods to avoid the fee. Options include paying via your bank, electronic check (ACH), automatic payments (no matter what the method), with an envelope and check sent by snail mail, using a gift card, going to a Verizon store, etc. So just the two most-convenient options are the ones customers will be charged for...
Watch out for an "Occupy Verizon" movement heading your way. Notably, AT&T (NYSE: T) isn't charging anything to pay yet, but that may change with this Verizon move.
PS - Did anyone at Verizon see what happened to Bank of America (NYSE: BAC) before it even implemented a ridiculous $5 per month debit card fee?
Shares of Verizon are 0.5 percent higher on the session.
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