prepay
/ˈpriːpeɪ/Definitions
1. verb
to pay or give money before a service or product is used
“I decided to prepay for my monthly internet subscription to avoid late fees.”
2. noun
the act of paying or giving money before a service or product is used
“The prepay system allowed customers to pay for their phone credits in advance.”
3. verb
to pay or give money for something before it is due or available
“We prepaid for our hotel room to ensure that we had a place to stay upon arrival.”