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Postpaid service mobile phone typically requires two essential components in order to make the 'post-usage' model viable: Credit history/Contractual commitment. This is the basis on which the service provider is able to trust the customer with paying their bill when it is due and to have legal recourse in case of non-payment; Service tenure.
Characteristics attributed to a convergent charging & billing system include support for multiple service types such as voice, data, multimedia and content, [1] support for bundling of services [6] and the ability to create a single bill and statement for all communications services including fixed, mobile, broadband and TV.
A prepaid mobile phone provides most of the services offered by a mobile phone operator. The main difference is that with prepaid phones, payment for service is made before use. As calls and texts are made, and as data is used, deductions are made against the prepaid balance amount until no funds remain (at which time services stop functioning).
Term convergent billing system refers to such a solution, that could maintain single customer account and produce a single bill for all services (for example, it could be public switched telephone network, cable TV and cable internet services for one customer) and also do it regardless a payment method (prepaid or postpaid). [7] [8]
As per Bloomberg, AT&T’s 403,000 postpaid phone net adds a quashed consensus of 394.6 thousand. ... Prepaid churn was 2.73% compared to 2.78% in the year-ago quarter.
Prepaid refers to goods and services paid for in advance. Examples include postage stamps, attorneys, tolls, public transit cards like the Greater London Oyster card, pay as you go cell phones, and stored-value cards such as gift cards and preloaded credit cards. Prepaid services and goods are sometimes targeted to marginal customers by retailers.
Prepaid cards vs. debit cards vs. credit cards. Unlike debit cards, prepaid cards aren’t linked to a bank account. And unlike credit cards, prepaid credit cards don’t come with a line of credit.
Prepaid tuition plans are a type of 529 plan that allows you to set aside money now for your child’s college education. Prepaid plans allow parents to prepay tuition at current tuition costs ...