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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.
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The history of the prepaid mobile phones began in the 1990s when mobile phone operators sought to expand their market reach. Up until this point, mobile phone services were exclusively offered on a postpaid basis (contract-based), which excluded individuals with poor credit ratings and minors under the age of 18 (the typical age of contractual .)
In November 1999, Altschul teamed up with Lee Volte, the Senior Vice President of Research and Development at Tyco, to create the first disposable phone. Their product was called the Phone-Card-Phone because it was the size of a phone card. The phone was less than a quarter-inch thick and was made of materials based on recycled paper.
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CVS Pharmacy Inc. is an American retail corporation. A subsidiary of CVS Health, it is headquartered in Woonsocket, Rhode Island. [6] Originally named the Consumer ...
An inexpensive phone with only the most basic of features, it is marketed in France and Spain by Orange as a "disposable" phone to casual customers. Société Bic , a French maker of disposable items, receives royalties for the use of its brand, but is not otherwise involved with the manufacture or distribution of the phone.
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