Verizon may have wanted all it’s pay-as-you-go and “one-time transaction” customers to go to their competitors, who will spend more time and money on them.
They are the most high-maintenance ones.
Just a theory.....
The ones with credit cards or stable checking accounts are more stable and profitable - and wouldn’t be subject to the fees.
>>>The ones with credit cards or stable checking accounts are more stable and profitable - and wouldn’t be subject to the fees.
Actually, even those customers could have been hit with the fee too depending on how they pay their bill... like if you paid on-line via MyVerizon with a credit-card - you’d pay the fee... but, if you enrolled that same credit card in Verizon’s AutoPay - no fee. It was ridiculous. They bowed to an FCC review... they have enough other stuff pending with the FCC they didn’t need to rock the boat with this stupid fee.
Well, I am not a Verizon customer but I do have some bills that reoccur monthly. I pay them when they come due and do not allow auto-deductions. This is not because of a checking account that is “not stable” and I am not “high maintenance” either. I do not believe in turning over control and allowing someone to have open access to my checking account.
The $2 fee is FOR using a credit card to pay your bill.
So your theory isn’t correct.