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Wireless companies push for debit and bank transfers over credit card payments | KOMO

Autopay arrangements are convenient and can lower the risk of late fees, but companies also push autopay because it discourages customers from switching to another service—what the industry calls “stickiness.” But within the last few years, the three largest wireless services have begun to push their customers to pay via automatic electronic checks or debit cards, rather than credit cards. Philip Bond, professor of finance and business economics at the UW, is quoted.