FCC Allows Verizon to Lock Phones for 60 Days
The FCC has granted Verizon's request to lock phones that it sells for a period of 60 days from the date they are activated. This type of lock keeps phones from being used on another company's network and was explicitly prohibited by the FCC as a condition of Verizon's license for band 13, the cornerstone of the company's 4G LTE network. The FCC's new waiver from that rule requires that phones be unlocked automatically at the end of 60 days, even if the customer has not requested it or still owes money on a device payment plan. The 60-day lock is intended to deter device fraud and identity theft. Verizon claims handset fraud cost the company $190 million last year.
Nov 29, 2018
T-Mobile has rolled out a digital banking service called T-Mobile Money. T-Mobile says T-Mobile Money is available to T-Mobile customers as well as non-customers.
Mar 14, 2017
Google today made it possible to send or request money within Gmail on Android devices. The sender will need a Google Wallet account, but the recipient does not need Google Wallet, nor even Gmail.
Jun 20, 2017
Google today simplified the process of managing monthly bills for subscribers to its Project Fi wireless service. Starting this week, Project Fi gains a new tool that helps the account manager easily determine what each member of the plan owes and send them a bill.
Oct 17, 2018
T-Mobile today announced new handset and service promotions that offer new phones for low monthly payments with one big catch: the equipment installment plan runs for 36 months. That means it will be three years before customers pay off their device, rather than the customary two years.