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What is the difference between postpaid and prepaid plans?

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What is the difference between postpaid and prepaid plans?

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With a postpaid plan, you pay for service at the end of a specified term of use. Generally this includes a flat monthly fee, plus added charges for additional minutes or MBs of data used. With a prepaid contract, you pay for service in advance. For instance, if you purchase 20 hours of talk time, your service will work for 20 hours only.

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