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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.
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.)
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. Prepaid services and goods ...
A number of reports have indicated Apple (NAS: AAPL) could be planning a low-cost iPhone. Such a device could vastly widen Apple's addressable market and open up the iPhone to more prepaid service ...
Burner is a product of Ad Hoc Labs, an Atwater Village, Los Angeles-based software startup. [3] The application's name is a reference to so-called "burner phones," prepaid mobile phones that are replaced frequently. Burner phones have been used to control costs, reduce contractual obligations, and provide a degree of privacy in mobile phone use.
Mobile virtual network operators (MVNOs) in the United States lease wireless telephone and data service from the four major cellular carriers in the country—AT&T Mobility, Boost Mobile, T-Mobile US, and Verizon—and offer various levels of free and/or paid talk, text and data services to their customers.
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