Verizon Wireless Confirms $2 Fee for Making One-Time Payments

Credit card companies and banks charge companies a small fee to process credit card payments. This is how a bank stays in business (you think they stay in business by holding your $500 check and then giving your $500 back at the end of the week...there's no income there at all!)


Verizon is saying "enough is enough" to this charge as they're losing capital and need to make up for it. So, they pass the charge onto customers.


My local breadstore does the same thing if you pay with a debit card. They charge a debit fee.


I'll call it a "lazy/convienence fee", essentially that's what it is. You can still pay by cash at a store, by check at a store, or by check by mail...however if you want the LAZY/convient way of going through a debit over the phone in less than 5 minutes, or through the PC in less than 3 minutes, then you're going to have to PAY for that privalege.