Overview of Apigee monetization

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This section introduces you to Apigee monetization.

Monetize your APIs using Apigee monetization

As an API provider, you need an easy-to-use and flexible way to monetize your APIs so that you can generate revenue for the use of your APIs. Using Apigee monetization, you can add a monetization rate plan to an API product that charges developers or pays them through revenue sharing for the use of your APIs.

API provider creates API product that defines the API proxies
                                                                                         and rate plans that can be purchased by app developers. App developers are giving an API key when they
                                                                                         purchase a rate plan. API providers can generate usage reports for analysis and billing.

As an API provider you monetize your APIs by enabling Apigee monetization in your organization and configuring the components defined in the following table.

Component Description
API proxies

When developing API proxies for use with monetized API products, attach the following policies:

API product

Define the collection of API proxies that you want to provide to app developers as a monetized bundle. The API product configures the access limits (quotas), API key approval method, rate plan (described below), and other details for the bundled API proxies. For more information, see What is an API product? and Enforcing monetization quotas in API products.

Rate plan

Define the billing configuration, fees, and charges that are incurred for the use of APIs offered in a monetized API product bundle. For example, you can charge a monthly recurring fee or a specific rate based on usage. For more information, see Managing rate plans for API products.

To enable app developers to purchase API product subscriptions, as an API provider you can do one of the following:

To access APIs, app developers purchase API product subscriptions, add them to their apps, and obtain an API key to send with API requests.

Understanding monetization quotas

A quota defines the number of requests allowed for an API product over a given time period. Quotas can protect your backend servers from high traffic variances and differentiate your product line.

When creating your API products, you can configure business-level quotas to control access to your APIs. For more information about quotas defined at the API product level, see Quotas.

Attach Quota policies to the API proxies in your monetized API product to ensure that the quota defined at the API product level is used. For more information, see Enforcing monetization quotas.

Understanding billing

In this release, Apigee monetization supports postpaid billing accounts only. With pospaid billing, app developers are billed through an invoice after using your API products.

When creating a rate plan, you configure the billing currency and frequency, and the initial set up and consumption-based or recurring charges. Based on the rate plan configuration and the developer's unique API key used to access your APIs, you can collect usage data for analysis and to generate monetization reports. Then, you can use the data collected to generate your billing invoices.

Comparing monetization with Apigee X and Apigee Edge

The following tables provides a comparison of key features between Apigee X Monetization and Apigee Edge Monetization.

Apigee X Monetization Apigee Edge Monetization
Rate plans are associated with API products (one-to-one relationship) Rate plans are associated with API product bundles that can be attached to multiple API products
App developers purchase API products App developers purchase rate plans
Quotas are managed at the API product level (business level) Quotas are managed at the API proxy level
Published rate plans can be expired, edited, moved to draft, or deleted Published rate plans can only be expired; they cannot be edited or deleted
Simplified configuration of rate plans using wizard and preview tool Complex configuration (no wizard or preview tool)
MonetizationLimitsCheck policy blocks access immediately if app developer has not purchased a subscription MonetizationLimitsCheck policy blocks access after first API call is processed if app developer has not purchased a subscription