[suresk]

I don't get this explanation at all. It isn't like credit card companies just barely started charging processing fees. And, on the other side, customers who utilize the less expensive payment methods aren't being given a credit for saving Verizon money.

Not only that, but the recurring credit card payments will incur similar processing fees for Verizon, but won't cost you $2.

Part of me sometimes wonders if there is some club where CEOs of large corporations are having a game to see which one can get away with the most ridiculous fee/price hike, with bonus points for using a patronizing explanation for it.