This feature provides the flexibility to add multiple component prices for various price categories. Price categories usually include types of charges such as a subscription charge, termination charge, or cancellation charge that could be applicable to different products. Product managers can extend this feature to update or create new pricing categories as per business need.
When adding a component price for a price category, product managers can specify if the charges are based on a location. For location-based pricing, this feature provides the flexibility to define a different one-time charge, recurring charge, and period, as well as a term for on-net, off-net and off-net third-party locations.