Definitions for "PAYG"
PAY AS YOU GO. A single, integrated system for reporting and withholding amounts and tax on business and investment income.
Pay As You Go. Most networks offer customers a pay as you go (or pre-pay) option whereby no monthly line rental is paid, but instead credit vouchers are purchased in order to make telephone calls. Handset costs with pay as you go may be slightly higher than pay monthly handset costs as networks do not subsidise this scheme in the same way as they do with pay monthly tariffs.
PAYG (or Pay As You Go) is a way a of paying for your phone bill. In this case, you pay for the phone calls in advance of making the calls, and when you run out, you use your top-up card to 'fill up' again with credit.
Keywords:  prl, pim