Verizon Wireless, who is considered to be largest wireless service provider in the U.S., will begin imposing a $2 convenience fee for customers who choose to pay their bills by phone or website effective January 15, 2012. This "convenience fee" offers no such convenience to the customer rather a great convenience to Verizon Wireless who will either make $2 off every transaction made by phone or website or gain access to its customers' bank accounts since the "convenience fee" can be waived by enrolling into their auto-pay program or paying by electronic check.
According to a 2009 survey by the Federal Deposit Insurance Corporation (http://www.economicinclusion.gov), the FDIC has found that around 9 million U.S. households do not have a bank account and around 21 million U.S. households are "underbanked" meaning these households have poor access to financial services such as banks. This fee will hurt many low-incomes Americans who are already struggling to pay their bills.
Please sign my petiton calling on Dan Mead, Chairman and CEO of Verizon Wireless, to not impose a convenience fee for customers who pay by phone or website.