How to Sell API Credits in Laravel

#laravel #stripe #api #startup

In today's API economy, choosing the right monetization strategy can make or break your business. While subscription-based pricing remains popular, many companies are discovering the advantages of selling API credits – a flexible approach that lets customers prepay for usage and consume services at their own pace.

Think of API credits as a digital currency specific to your service. Instead of charging customers based on calendar months or user seats, you let them purchase credits upfront and deduct them based on API calls or specific actions. Companies like OpenAI and Google Cloud have popularized this model, but it's equally effective for businesses of any size.

In this guide, we'll explore why credit-based pricing might be the right choice for your API business and walk through a practical implementation using Laravel and Stripe. You'll learn how to set up the entire system – from selling credit packages to tracking usage in your application.

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