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Verizon Wireless To Charge $2 For One-Time Payment
Yahoo Finance ^ | 12/29/11 | Peter Svensson

Posted on 12/29/2011 10:12:36 PM PST by Lmo56

Verizon Wireless to charge $2 for one-time payments by credit card, online or by phone.

NEW YORK (AP) -- Verizon Wireless, the country's largest cellphone company, said Thursday that it will start charging $2 for every payment subscribers make over the phone or online with their credit cards.

The company said this "convenience fee" will be introduced Jan. 15.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy
KEYWORDS: fee; verizon
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To: R. Scott

Merchants agreement? Isn’t that usually something like $2 +1% or something like that?

Ok. “Fine”. (No, it’s not fine, however...)

A “debit card” should never incur any “fees”, since it is no different than an
“E-check” or electronic check. Or a paper check, that’s the point.


21 posted on 12/30/2011 4:14:43 AM PST by Freedom4US
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To: Lmo56

Note to Verizon: Maybe if you hadn’t spent billions subsidizing iPhone sales, you wouldn’t have to resort to an action that is annoying the living HECK outta your customers.....


22 posted on 12/30/2011 4:16:56 AM PST by mewzilla (Santelli 2012)
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To: Lmo56

But they are famous for ‘you don’t use it, you lose it’ prepayments for several months in advance.


23 posted on 12/30/2011 5:06:19 AM PST by autumnraine (America how long will you be so deaf and dumb to the tumbril wheels carrying you to the guillotine?)
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To: Lmo56

And meanwhile, Verizon is trying to tell me that I somehow enrolled in paperless billing two months ago, which I never do.


24 posted on 12/30/2011 5:06:35 AM PST by Tanniker Smith (I didn't know she was a liberal when I married her.)
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To: razorback-bert

Why am I starting to feel like a sheep being led around by robots anymore?

This is getting ridiculous.


25 posted on 12/30/2011 5:08:21 AM PST by autumnraine (America how long will you be so deaf and dumb to the tumbril wheels carrying you to the guillotine?)
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To: Lmo56
Sounds like a bunch of folks here think credit card companies provide a free convenience service to vendors and businesses! Nope not free -—it is 3 to 5 percent. Obviously the posters of this thread took their ECON 101 at Obama University!!
26 posted on 12/30/2011 5:11:00 AM PST by texican01
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To: Lmo56

Thats why I use a Pay-as- Go cellphone

No contract BS

Just add money with credit card when need more time


27 posted on 12/30/2011 5:12:06 AM PST by njslim
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To: texican01

Right, cause we are SOOOOO much for “Free Market” that we just rejoice in getting screwed.

Of course there is a fee they incur, but how much in ‘fees’ would they incur in hiring real live people, including workers comp, unemployment insurance, etc... to handle paper checks?

This has nothing to do with ‘passing the cost’ along and all to do with screwing over people with contracts.

Sorry, your Obamanomics 101 class must have forgotten to teach about cost comparison because your argument does not hold water.


28 posted on 12/30/2011 5:16:18 AM PST by autumnraine (America how long will you be so deaf and dumb to the tumbril wheels carrying you to the guillotine?)
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To: hatfieldmccoy
If they are anything like AT&T, they won't send one. Then they'll want to charge you more for 'being late'.

I have told them, send me a bill (business account) so I have a hard copy to show the IRS if they come knocking. No bill, no payment, and no account in the future (--with them, I'll just move to another provider where I already have an account).

29 posted on 12/30/2011 5:20:38 AM PST by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: Lmo56
I encourage everyone who has Verizon to send in checks like we did in the old days.

The online is a benefit to THEM. It costs way less for them to take electronic payments.

Let them process all the paper. See if they like it better than the strenuous online payment that they have to struggle to accept.

Another option is to go to another company when your contract is over.

We the People are tired of being “nudged”

30 posted on 12/30/2011 5:36:51 AM PST by PATRIOT1876 (The only crimes that are 100% preventable are crimes committed by illegal aliens)
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To: Lmo56
After hearing about all the nonsense involved with contracts and people constantly getting ripped off because they have cellphones, this is why I am a dinosaur of the past and only have a landline.

Yes, I am one of the few that doesn't have talker's elbow because I have to call everyone I know to tell them about the last Matlock or rerun of a 1969 football game or (Heaven forbid) an episode of “Twilight”

31 posted on 12/30/2011 5:51:36 AM PST by PATRIOT1876 (The only crimes that are 100% preventable are crimes committed by illegal aliens)
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To: SueRae

Now with the post office having trouble, it’s possible that it’s only a matter of time when we’ll have to go online altogether and be charged even more?

They’ll get us by our azzes one way or another.


32 posted on 12/30/2011 6:40:11 AM PST by TribalPrincess2U (NOT VOTING gets 0bamao re-elected.)
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To: njslim
That's why I use a Pay-as- Go cellphone

Tracfone has been very very good for me.

33 posted on 12/30/2011 7:30:35 AM PST by Wilum (Never loaded a nuke I didn't like)
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To: texican01

They have costs sure ,, but those costs were built into their fee structure ,, now you’re paying for those costs twice ... What ticks me off is that you can no longer use the old standard .. get a bill in the mail and pay by check ... because every single company that still bills that way plays games with the received mail ,, holding some of it back each month and reporting it LATE to incur fees ...

I switched to MetroPCS last year ... I pay $100/month for 4 smartphones with unlimited talk , text , e:mail and internet.. they take payments with no surcharges at company stores or their website (franchise stores add $3 to your bill for their fee).


34 posted on 12/30/2011 7:48:50 AM PST by Neidermeyer
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To: Lmo56; All

Verizon scraps $2 fee

NEW YORK (CNNMoney.com) — Well, that didn’t take long.

Verizon said Friday that it was scrapping a controversial $2 fee for one-time bill payments announced just a day earlier. The announcement had immediately sparked an uproar online from customers irate about the prospect of incurring further fees simply by paying existing ones.

http://money.cnn.com/2011/12/30/technology/verizon_fee_canceled/index.htm


35 posted on 12/30/2011 1:03:55 PM PST by John W (Natural-born US citizen since 1955)
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To: Freedom4US

but yahoo finance doesn’t seem to have their panties in a wad about the new Dodd-Frank ATM fee..


36 posted on 12/30/2011 1:06:44 PM PST by WOBBLY BOB (Congress: Looting the future to bribe the present.)
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To: Freedom4US

My debit card is issued by VISA. The same rules apply.


37 posted on 12/30/2011 1:06:50 PM PST by R. Scott (Humanity i love you because when you're hard up you pawn your Intelligence to buy a drink)
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To: All

Seems that they changed their mind.

http://www.freerepublic.com/focus/f-news/2826913/posts


38 posted on 12/30/2011 1:46:11 PM PST by autumnraine (America how long will you be so deaf and dumb to the tumbril wheels carrying you to the guillotine?)
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To: PATRIOT1876
Yes, I am one of the few that doesn't have talker's elbow because I have to call everyone I know to tell them about the last Matlock or rerun of a 1969 football game or (Heaven forbid) an episode of “Twilight”

Are you declaring that frequent mobile phone users, many of them young persons, would be watching or have any interest in Matlock, a program that went off the air in 1995 and starred then-70 year old Andy Griffith?

Are you declaring that frequent mobile phone users, many of them young persons born in 1990 or later, would have any interest in a football game from 1969?

Are you declaring that 'Twilight' is episodic television? It is, in fact, a series of big-screen films.

It seems you may not have a landline after all. You appear to have a telegraph.

39 posted on 12/30/2011 4:40:48 PM PST by relictele (Green energy is neither)
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To: 1_Rain_Drop
Thanks, but I want the hundreds of hours I spent on getting $235 credit. That was time off my life that could have been better spent by me for things I wanted to do... for me.
Thanks anyway 1_Rain_Drop...
40 posted on 12/31/2011 1:33:28 AM PST by JSteff ((((It was ALL about SCOTUS. Most forget about that and HAVE DOOMED us for a generation or more.))))
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