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Financial Terms
Bundled Rate
What is bundled rate?
bun-dled rate
noun
A bundled rate encompasses a specially discounted pricing structure that combines not only communication expenses but also transaction fees into a single comprehensive package. This consolidated approach is also commonly known as a flat rate.In essence, it offers customers a cost-effective solution by unifying various charges into one cohesive rate, simplifying billing and reducing the complexity associated with tracking individual expenses related to communication and transactions.
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