fee

In a head-snapping about-face, Verizon Wireless has dropped the $2 monthly fee it planned to impose on some of its customers.

If you listen closely, you’ll hear the collective screams of a lot of Verizon Wireless customers — the company has announced that starting next month, it will impose a $2 fee on anyone who pays a monthly bill using a credit or debit card online or by phone.

In September, Bank of America announced it would soon begin charging customers a $5 monthly fee for using their debit cards, saying it was recouping losses from new laws that limited how much it could charge merchants when debit cards were swiped during transactions. But after a firestorm of negative publicity, BofA waved the white flag of surrender and scrapped the controversial plan.