"Pay beforehand" is a phrase that refers to making a payment before the goods or services are received. This concept is also known as "prepaid," "paid in advance," or "prepay." Other synonyms for this term include "upfront payment," "advance payment," or "early payment." Business transactions and services such as utilities or travel often require a pay beforehand mentality. Whether you refer to it as prepay or advance payment, the principle of paying beforehand ensures that the service provider gets paid and helps to manage cash flow. Understanding these synonyms will help you navigate these types of transactions when making payments.