Verizon Learned Nothing from BofA, Will Charge 'Convenience Fee'

A leaked memo posted on Engadget reveals Verizon’s plan to start charging customers $2 for each one-time online payment or bill payment over the phone on January 15. Verizon confirms this ridiculous plan. And they’re calling it a “convenience fee.”

Remember the uproar when Bank of America tried to charge $5 for debit card purchases? Apparently, Verizon doesn’t. Ultimately, BofA had to dump the plan because of the backlash and other banks, taking a hint, decided to dump theirs as well.

Both

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Spring Special

Save 30% Off an ADWEEK Subscription Today!

View Your Options

Already a member? Sign in