The wireless giant announced a new program this week called "Smart Rewards" that offers customers credit card-style perks like discounts for shopping, travel and dining. You accrue points through the program by doing things like signing onto the Verizon website, paying your bill online and participating in the company's trade-in program.
Verizon emphasizes that the data it collects is anonymized before it's shared with third parties.
The program is novel in that offers Verizon users some compensation for the collection of their data, which has become big business for telecom and tech companies. Some privacy advocates have pushed data-collecting companies to reward customers for their personal information in the interest of transparency.