Refers to paying before receiving goods or services, often used in business, travel, and online transactions.
This hotel requires advance payment.
You can get a discount if you pay in advance.
前払い is a more common and slightly less formal term for advance payment. 事前支払い is often used in formal or business contexts.
Antonym: payment after receiving goods or services.
Compound of 事前 (beforehand) and 支払い (payment).