Pay as you go explained

Pay as you go or PAYG may refer to:

Finance

Pay-as-you-go tax, or pay-as-you-earn tax
Pay-as-you-go pension plan
PAYGO, the practice in the US of financing expenditures with current funds rather than borrowing
PAUG, a structured financial product
A form of payment where the charge is only deducted at the point of usage, instead of paying for a specified service in advance, for example:
- Prepaid mobile phone
- Pay as you go ticketing on public transport