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The first Prepaid card was called "Mimo" and was launched by TMN, the mobile phone operator of Portugal Telecom, in September 1995. [6] In 2006 Swisscom celebrated ten years with its product and service "NATEL® easy" which also holds a patent on "Prepaid mobile subscriber identification card and method implemented thereby". [7] [8]
A typical SIM card (mini-SIM with micro-SIM cutout) A SIM (Subscriber Identity Module) card 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).
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.
At launch, Giffgaff's first product was a prepaid SIM card providing all standard 2G and 3G mobile phone services and charging on a pay-as-you-go basis. Following this, Giffgaff announced bundles of minutes, texts, and data, called "goodybags". The idea for bundles emerged from the community forums. [10]
Visible Service LLC, doing business as Visible by Verizon, and known simply as Visible, is an American all-digital prepaid mobile virtual network operator (MVNO) and brand wholly-owned by Verizon. Launched in 2018, the carrier offers services on the Verizon network , with all services delivered via e-commerce and mobile apps using generative ...
Prepaid phone subscribers can top up their airtime balances via electronic reloading stations. These stations or retailers use a Retailer SIM card to top up prepaid credits on a subscriber's mobile phone. This SIM card functions similarly to commercially available prepaid SIM cards but with additional reloading/top-up functionality.
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