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Verizon Plans Fees On Some Payments

ISO & Agent Weekly | Friday, December 30, 2011

Verizon Wireless plans to impose a $2 fee beginning next month for every payment subscribers make over the phone or online with their credit cards, the telecommunication company announced Dec. 30.

The country’s largest cell phone company said its “convenience fee” will make its debut Jan. 15 but will not apply to electronic check payments or to automatic credit card payments set up through its AutoPay system.

In addition, payments made by credit card in one of its stores also will remain free, as will payments by check.

Verizon is not the first to look to fees to push customers to set up automatic fees. AT&T and Spring Nextel both have similar plans.

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