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Prepaid mobile phone. 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 ...
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 ...
Phone fraud. Phone fraud, or more generally communications fraud, is the use of telecommunications products or services with the intention of illegally acquiring money from, or failing to pay, a telecommunication company or its customers. Many operators have increased measures to minimize fraud and reduce their losses.
In June 2009, Clifton Telecard Alliance One(CTA) agreed to pay $1.3 million to settle FTC charges that its prepaid cards provided less than half the advertised minutes, charged hidden fees, and ...
Mobile virtual network operators (MVNOs) in the United States lease wireless telephone and data service from the three major cellular carriers in the countryv—AT&T Mobility, T-Mobile US, and Verizon—and offer various levels of free and/or paid talk, text and data services to their customers.
Prepayment for service. 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 ...
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