PAYG
Pay as you go
Example
I wish these cell phone companies wouldn't all rope you into 2+ year plans and would just use a PAYG model
PAYG
PAYG definition by Slang.net
This page explains what the acronym "PAYG" means. The definition, example, and related terms listed above have been written and compiled by the Slang.net team.
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An acronym often used in the context of cell phone contracts; refers to a pre-paid plan where users can pay month by month without a longstanding contract.