If you have a need for speed, go with supported integrated billing
When you are trying to be an agent of change within your organization, what’s critical to you is speed. If you need to start executing your API monetization plans right away, we still have you covered. In the upcoming release of API Connect (v5072), we are providing out-of-the-box integration support for Stripeâ€•the popular SaaS billing and payment gateway. With this built-in integration, just connect to your organization’s Stripe account and have your customer, product and pricing data automatically synced as it gets created in API Connect! Thereâ€™s no code that you need to write; just connect and play.
Got APIC Enterprise?
But wait; thereâ€™s more! The monetization features are included in API Connect Enterprise at no additional cost. Thereâ€™s no add-on that users are required to purchase. When youâ€™re ready to monetize your APIs, simply enable the feature, and start creating your pricing plans! With API Connect, you get intuitive user experience which enables you to define pricing details for APIs. You can design a smooth onboarding process for you customers, and collect payments as they subscribe to your APIs. And to get insights into your revenue and API usage, you can create custom reports or dashboards.
Here’s an overview of the new monetization features in API Connect Ent. v5072
What you need to do…before you can start monetizing your APIs
Spend time exploring what business models work best for your APIs. This applies to you whether you are in the process of choosing an API management platform or are getting ready to deploy your APIs to production. If you are curious about the various pricing options and the common ones in your industry, then read this white paper to kickstart your research.
Interested in enabling the monetization feature in API Connect?
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