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prepaid environment

 

Definitions from the Web

Prepaid environment

Definition: A prepaid environment refers to a system or situation where payment or financial transactions are made in advance for goods or services to be received or used later.


Usage

Popular usage:

  1. In today's digital age, prepaid environment has become increasingly common, with people opting for prepaid cards to conveniently make purchases without the need for carrying cash.
  2. The gaming industry often operates in a prepaid environment, allowing gamers to purchase prepaid game cards or virtual currency to enhance their gaming experience.

Local usage:

  1. In some rural areas, where internet connectivity is limited, small businesses rely on a prepaid environment to sell their products and services, ensuring immediate payment before providing goods to customers.
  2. During festivals, local markets often adopt a prepaid environment where customers can pre-order and prepay for specific items to avoid last-minute rush.

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