PrepaYd Wireless, subsidiary of prepaid debit
card provider PrepaYd has announced its intention to offer a
no-contract wireless service plans, free mobile devices and free
debit or credit card payment options.

This comes in response to Verizon’s proposed
$2 (€1.5) pay by credit card fee, which was
dropped at the turn of 2012
.

The “Y Pay More” no contract plan includes
unlimited talk, text and 3G data for exactly $40 (€30) a month and
includes a free mobile device while supplies, a statement said.

Josh Berman, vice president of PrepaYd
Wireless said:

“We encourage anyone spending more than $40 a
month for cell phone service or fed up with service outages and
rising fees to contact us to find out about our nationwide coverage
and to get a free phone while supplies last.”

PrepaYd Wireless has a large consumer base
with an estimated 110 million people using its mobile services, the
company said.

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There are plans to make all of its available
phones and wireless plans compatible for mobile financial
services.