How does verizon prepaid work?

I would like to choose the palm pixi phone for verizon prepaid. Although its telling me i have to pick a monthly access plan? the cheapest one for talk and text is $65?~ Is there anything cheaper? Do i have pay that much each month to get the service? My question is if i could just buy$30 refill cards and get buy with that. Can you help me understand in detail how it works?
 
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