The following are the different API monetization policies on offer:
Direct Billing – In this type of billing, the external developers get billed directly for their API consumption on basis of usage volumes, load, bandwidth utilization, location etc.
Bundled Billing (Packs) – This is a type of direct billing in which the external developers pay for bundled API kits instead of being billed for individual API’s.
Internal Billing – This type of billing is mainly used for providing internal metering and chargeback for different units or departments within an organization.
Tiered Billing – This type of a billing model can be used to create categories of external developers based on parameters like usage, location etc and billed accordingly.
API monetization policies and functions are flexible and customizable; and can be different for the same API depending on the API consumer. We offer a paradigm of individual APIs and a collection of productized APIs – Packs/Plans. Each API consumer subscribes to a plan. Policies can be attached to Plans and individual subscriptions, i.e individual API consumer.