History
The history of the prepaid mobile phone begins in the 1990s when larger markets were being sought after by the mobile phone operators. Before this date, all mobile phone services were offered on a post paid basis, which excluded people with a poor credit rating.
The first pre-paid card was called "Mimo" and was launched by TMN the Mobile Phone Operator of Portugal Telecom in September 1995.
Read more about this topic: Prepaid Mobile Phone
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