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 - The Slang Dictionary
This page explains what the acronym "PAYG" means. The definition, example, and related terms listed above have been manually compiled and written 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.