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A prepaid mobile device, also known as a pay-as-you-go (PAYG), pay-as-you-talk, pay and go, go-phone, prepay, or burner phone, is a mobile device such as a phone for which credit is purchased in advance of service use. The purchased credit is used to pay for telecommunications services at the point the service is accessed or consumed.
A typical SIM card (mini-SIM with micro-SIM cutout) A SIM card or SIM (Subscriber Identity Module) is an integrated circuit (IC) intended to securely store an international mobile subscriber identity (IMSI) number and its related key, which are used to identify and authenticate subscribers on mobile telephone devices (such as mobile phones and laptops).
A card with all 3 features is called a removable user identity card, or R-UIM. Thus, the R-UIM card can be inserted into CDMA, GSM, or UMTS handsets, and will work in all three cases. In 3G networks, it is a mistake to speak of a USIM, CSIM, or SIM card, as all three are applications running on a UICC card.
Pay-as-you-go tax, or pay-as-you-earn tax; Pay-as-you-go pension plan; PAYGO, the practice in the US of financing expenditures with current funds rather than borrowing; PAUG, a structured financial product; A form of payment where the charge is only deducted at the point of usage, instead of paying for a specified service in advance, for example:
In some cases, a SIM-locked handset is sold at a substantially lower price than an unlocked one, because the service provider expects income through its service. SIM locks are employed on cheaper (pay-as-you-go) handsets, while discounts on more expensive handsets require a subscription that provides guaranteed income. Unlocked handsets have a ...
The postpaid mobile phone is a mobile phone for which service is provided by a prior arrangement with a mobile network operator.The user in this situation is billed after the fact according to their use of mobile services at the end of each month.
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