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The phrase "a new pricing system" is correct and usable in written English.
You can use it when discussing changes or updates to the way prices are determined or structured within a business or organization.
Example: "The company has decided to implement a new pricing system to better align with market trends and customer needs."
Alternatives: "an updated pricing model" or "a revised pricing structure."
Exact(9)
A new pricing system may offer some temporary relief.
A new pricing system, introduced to Beijing last year, makes the biggest users of water sources pay higher extraction fees.
In an effort to increase e-book distribution, Random House will be switching its U.S. digital books to a new pricing system.
J. C. Penney stopped reporting monthly same-store sales as it switched to a new pricing system that went into effect Wednesday.
The industry wants the health ministry to bring in a new pricing system so that Greece uses a basket of eurozone countries to calculate prices.
This was the seventh adjustment since January, when China introduced a new pricing system that allows local prices to track global crude-oil prices more closely than in the past.
Similar(51)
Also, in April 2012, Korea introduced a new price system where the highest price of both original and generic drugs is lowered to 53.55% of the original drug price, twelve months after the date the generic drug was listed and at the same time as the original drug's patent expired.
He calls the new pricing system a requirement for Vacasa's next stage of growth, noting the company's ambitious but still slow-and-steady five-year goal "to be everywhere where people own second homes".
As the basis for the new pricing system a uniform case fee catalogue with fixed payments for services and benefits, valid throughout Germany, was developed.
But Nakamura and colleagues are betting that Japan's new pricing system, which guarantees a premium price for every kilowatt-hour of renewable energy exported to the grid, will cover the higher costs.
For Microsoft, the new pricing system should provide a steady, predictable stream of revenue from its dominant desktop software, Windows and Office, even though the desktop PC business is maturing and growth is slowing.
More suggestions(16)
a new price system
a new pricing mechanism
a new fees system
a new pricing option
a new pricing plan
a new scoring system
a tiered pricing system
a new pricing regime
a simplified pricing system
a new pricing agreement
a new security system
a new voting system
a new grading system
a structured pricing system
a dynamic pricing system
a similar pricing system
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com