Per reports, a leaked memo is doing rounds on the internet claiming that Verizon is planning to offer Google Play carrier billing to its users from Thursday, Oct. 18.

According to the leak, when the carrier billing for Verizon goes live this Thursday and the changes take effect, Verizon users will be able to make their Google Play app and media purchases and have the charges appear on their monthly Verizon bills.

The leak also indicates that once the billing system is live, users will be able to spend up to $25 per phone in the Google Play store. The charges will be later get added to their Verizon account, which is one of the simplest way possible for purchasing apps, movies, and music.

Per a Droid Life report, it is expected that the $25 fee will be a monthly limit rather than a life time limit, which means "that you can't buy a Galaxy Nexus or Nexus 7 and charge it directly to your VZW account."

This area was where Verizon lagged behind its direct competitors in the U.S. Rival T-mobile was the first to introduce the carrier billing system, which was followed by AT&T in late 2010. In spring 2011, even Sprint agreed to the go ahead with the carrier billing system.

The new information arrived after Google updated its Play Store recently. Google started rolling out an updated Google Play Store version 3.9.16 that followed the previous version 3.8.17, released back in August.

Verizon is currently preparing to reveal its third quarter earnings, which is expected to be positive following the company's introduction of Share Everything data plan back in June. The plan raised rates on lower-budget users, which may have helped boost the average monthly bill for contract customers by 3.5 percent from a year earlier in the third quarter, say analysts.

Moreover, with the arrival of iPhone 5 last month and the carrier covering nearly 400 cities, Verizon Wireless has witnessed a growth in sales of data consuming smartphones.