Yahoo!7 charging $100 closing fee to withdraw funds from defunct search ad service
Yahoo!7 is charging its customers a $100 closing fee to withdraw funds from its search accounts, three months after deciding to close the Yahoo Search Marketing platform.
In August, Yahoo!7 announced advertisers would no longer able to advertise on Yahoo’s search engine directly and instead obliged to go directly to Google.
In an email to clients yesterday, the company confirmed its Panama platform would be phased out in the Australian and New Zealand markets in a fortnight’s time and that customers had until this date to use their existing credit or withdraw it from their accounts.
However, the email from Yahoo!7 also warns customers that the company will charge a $100 “closing fee” on any withdrawals and that customers with less that $100 in their search accounts will be forced to use their credit or find that it lapses on November 29.
all class to the very end
They fail at their business and try and make us cover their losses? #yaboo
Originally I thought the headline was just “Yahoo!7 charging $100 closing fee”