APIs are a great enabler of your core business and they can also be a revenue stream of their own.
Monetizing your APIs can be a daunting endeavor: you need to collect and store payment information, ensure PCI compliance, create subscription and billing workflows, integrate them with the statistics system, do customer invoicing and self-service billing information access, maybe implement freemium models and so on, and so forth.
All you need to do is enable Monetization by clicking the corresponding menu item:
Once Monetization is enabled and you created all the subscription tiers you need, you can turn any of the tiers into commercial plans:
And provide the pricing information:
You can then customize your invoices and billing emails, provide us with your bank account information – and start receiving your revenue (minus the 5% commission that WSO2 will hold).
Follow full instructions on API monetization setup in our documentation, and turn your APIs into revenue generator!