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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 .)
A payphone (alternative spelling: pay phone or pay telephone) is typically a coin-operated public telephone, often located in a telephone booth or in high-traffic public areas. Prepayment is required by inserting coins or telephone tokens, swiping a credit or debit card, or using a telephone card . The company that operates the payphone ...
Sprint Prepaid Group. The Sprint Prepaid Group was a division of the company formed in May 2010 that is responsible for the operations of Sprint's pre-pay subsidiaries. SPG's branded products and services are sold via web and available at retailers nationwide, including Best Buy, Walmart, Target and other independent dealers. Boost Mobile
TracFone Wireless, Inc. ( TFWI) is an American prepaid, no-contract mobile phone provider. TFWI is a subsidiary of Verizon Communications, [1] and offers products and services under several brands. It operates as a mobile virtual network operator (MVNO), holding agreements with the three largest United States wireless network operators to ...
History A Manhattan mobile phone store offered products and services from several Sprint-owned prepaid brands, including Boost Mobile. After Peter Adderton founded Boost Mobile Australia and New Zealand in 2000, Peter Adderton, Craig Cooper, and Kirt McMaster brought the Boost Mobile brand to the United States in 2001 as a joint venture with Nextel Communications.
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