Key Features of Prepaid:

1. Pay First, Use Later:

   • With prepaid services, you pay in advance. For example, with a prepaid phone plan, you pay for a set amount of data, talk time, or texts, and can use it until you run out of credit. After that, you can refill or top-up your balance to continue using the service.

2. No Contracts:

   • Prepaid services don’t require you to sign a long-term contract or commit to a service for months or years. You pay as you go, and if you don’t need the service anymore, you can stop using it without any cancellation fees or penalties.

3. Control Over Spending:

   • Prepaid services let you control how much you spend since you can only use what you’ve paid for. There are no surprise bills or hidden charges because you only use what you’ve pre-paid for. This makes it ideal for people who want to budget or avoid overspending.

4. Flexibility:

   • Prepaid plans are often very flexible. For instance, if you’re using a prepaid SIM card, you can choose how much data, talk time, or text you need and add credit as you go. You can also easily switch between different service providers or plans without being locked into a contract.

5. No Credit Checks:

   • Unlike postpaid services, where the provider might perform a credit check before activating the service, prepaid services do not require a credit check. This makes it accessible for people with limited or no credit history.