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Depending on who you ask, prepaid calling cards are either a tremendous rip-off or a fantastic money saver -- but based on an ongoing government crackdown against shady operators, lots of ...
These cards had a set value that could be spent, and once the credit was used, the card would be discarded. Calling cards began to gain popularity around the world and they turned into a multimillion-dollar industry. In an attempt to improve the phone card, companies started issuing rechargeable calling cards in the early 1990s, also obtainable ...
Prepaid phone cards are provided by various telecom companies. When you purchase a prepaid phone card, you are paying for long distance connection time in advance. When you make calls using the phone card, the card's value is deducted based on connection fee, duration of connection, surcharges and any maintenance charges associated with the ...
A telephone card, calling card or phone card for short, is a credit card-size plastic or paper card used to pay for telephone services (often international or long-distance calling). It is not necessary to have the physical card except with a stored-value system; knowledge of the access telephone number to dial and the PIN is sufficient.
Range of prepaid service cards in a German supermarket. 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.
Stored-value cards are most commonly used for low-value transactions, such as transit system farecards, telephone prepaid calling cards, cafeterias, or for micropayments in shops or vending machines. They also have an advantage over most other payment cards in that when making, say, a purchase, telecommunication facilities are not needed, which ...
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