Pre-ordering on Verizon

I am a verizon customer and I plan on pre-ordering it, but my question (and it may be a dumb one) is when I will have to actually pay for it. Do I pay when I pre-order and it ships to me, or do I pre-order and have to go into the store and pay when I get it?
Thanks for any help.

From the Verizon FAQ'S:
iPhone 4 will be available for pre-order to Verizon Wireless customers only, on a “first come, first serve” basis via VerizonWireless.com, on or around February 3rd 2011 – details to be confirmed a week prior by Verizon Wireless.
Notice this:
details to be confirmed a week prior by Verizon Wireless.

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    just a few more days till we have details friend!
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    Do you want it faster, or are you worried about it sitting on your porch?
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