the mvne system 112 and the mvne system 112 alerts the wireless network for suspension or termination 218 of service the mvne system 112 then notifies 220 the customer that wireless service has been suspended or terminated in a second embodiment of the present invention the financial risk management system 113 a b determines that wireless service should not be interrupted in this case the system 113 a b will return to monitoring 212 wireless usage fig3 is a flow diagram that illustrates a method for initialization of wireless services according to one embodiment of the invention as noted above this is a key component of providing u201c grab and go u201d functionality the steps for initializing 210 wireless services begins with a potential wireless subscriber contacting 310 a retailer for the purpose of purchasing a telephone after purchase of the appropriate phone the subscriber will contact the retail wireless brand or the appropriate mvne on behalf of the wireless provider with their intention to initiate wireless services the subscriber 39 s credit card information is collected 312 by the mvne system 112 and a transaction is initiated to authorize the customer 39 s credit card and settle 314 payment for the first month of service at this point the mvne system 112 then communicates with the wireless network 114 and the wireless network 114 initializes 316 wireless service an important consideration for minimizing financial risk pertains to the specific timing of customer credit card authorization credit card settlement.