Virgin Mobile today took the wraps off of a new plan for its payLo service. The $40 Unlimited Talk and Text plan is exactly what it sounds like, packing in unlimited minutes and texting as well as 50MB of data for $40 per month. The new offering is compatible with payLo's slate of feature phones, which includes a pair of devices with hardware QWERTYs, a Kyocera-made flip phone and an LG candybar handset. Virgin also offers two other payLo plans: the first features 1500 minutes and texts along with 30MB of data for $30 per month, and the second includes 400 minutes, with messages priced at 15 cents apiece while data is $1.50 per megabyte.

While folks looking for a new smartphone plan need not apply here, feature phone fans that spend a lot of time chatting on the phone or pounding out texts may want to look into Virgin's new payLo plan. If that sounds like you, or if you'd like a closer look at the other payLo offerings, you can check it all out on Virgin's website right here. The press release announcing the new plan is ready and waiting for you down below.

Talk ‘n’ Texters Get More on payLo

New $40 Unlimited Talk and Text plan ideal for consumers with moderate usage on feature phones

WARREN, N.J. (BUSINESS WIRE), May 21, 2012 - The no-contract market continues to grow, most visibly with smartphones but also for those traditional customers who want value with unlimited plans but who don’t need all the bells and whistles. Today, payLo by Virgin Mobile announces a $40 monthly Unlimited Talk and Text plan that provides even more value. Customers get unlimited voice minutes and messages (text, picture, email and/or IM) plus 50MB of Web access.

The $40 monthly plan is ideal combined with payLo’s affordable and dependable feature phones including the Samsung M575. At just $49.99, the M575 packs power with a slide-out QWERTY keyboard for texters, a bright 2.4-inch screen, Virgin Mobile Navigator, 2MP camera and camcorder, Bluetooth® and easy access to the Web. The feature phone also supports microSD cards to safely store and transfer music, photos and video.1

“Even with the huge increase in data usage, there are still millions of people who mainly talk and text,” said Mark Lederman, director, payLo, “and they deserve reliable service and phones. Half of our current payLo customers are primarily talking and texting, and now we’re providing to them unlimited value that suits their needs.”

With payLo by Virgin Mobile, there are no activation fees and no long-term contracts. Adding to a monthly balance is simple with payLo or Virgin Mobile Top-Up cards, or with a credit/debit card or PayPal account online. payLo offers Top-Up cards in various denominations, which can be used to purchase monthly service and other such items as international calling, ringtones and downloads.

Last year, Kiplinger’s Personal Finance magazine cited payLo’s Talk & Text plan on The Best List 2011 for “cheap-talk-text-surf” cellphone plans.2

About payLo by Virgin Mobile

payLo by Virgin Mobile, one of Sprint's prepaid brands, offers affordable alternatives to long-term wireless contracts for cellphone users seeking more basic communication services. payLo branded handsets are available at more than 40,000 retail stores, including Best Buy, RadioShack and Target. Top-Up cards are available at approximately 150,000 locations nationwide. Purchase and experience payLo on the Web at http://www.virginmobileusa.com/cell-phone-plans/paylo-plans.jsp.

1 MicroSD card not included.

2 http://www.kiplinger.com/magazine/archives/the-best-of-everything-2011.h...