When a standard rate card is not in use in the service provider’s business, and the price to be charged every month depends on various parameters & rules, then pricing schemes are used. This scheme defines the parameters, rules and the calculation logic for arriving at the price. For every charge defined for the service, service group, package, and package group available in the bundle, a different scheme can be specified.
Pricing Schemes can be of different types, like Minimum Guarantee Scheme, Slab Based Pricing.