Payouts and Finance
RapidAPI's processes on payouts to API providers and invoicing.
When a developer subscribes to a pricing plan for your API on RapidAPI or incurs an overage, you as an API provider will receive a payout after RapidAPI processes a final payment from the developer.
RapidAPI's marketplace fee
RapidAPI takes a flat 20% marketplace fee on all payments made through the API Hub. For example, if you price an API subscription plan at $10, you will receive $8 from RapidAPI if a developer purchases your plan. This marketplace fee covers payment processing, site infrastructure, and administrative fees. This marketplace fee does not cover the fees associated with payouts processed through PayPal.
How payouts work
A developer's credit card is charged after one of three instances:
|1. A developer subscribes to an API's pricing plan for the first time|
|2. A developer is billed recurringly every month for their API plan subscription|
|3. A developer incurs an overage on an API|
After this charge occurs, RapidAPI has a thirty day period in which to collect the payment. After the thirty day period occurs, RapidAPI will issue the payment (with the marketplace fee removed) via PayPal to the provider. In this example, if a developer subscribes to your API's PRO plan on January 1st for $10.00, you will receive $8.00 sometime in early February.
Currently, RapidAPI processes payments individually. For example, if your API receives three subscribers on different days in March, you will receive three separate payments throughout April. If the payment amount is less than $2.00, you may receive it paired with another payment.
Adding your PayPal account information
RapidAPI currently only pays out API providers via PayPal. Unfortunately, we cannot accommodate other payout methods. Each payout on PayPal will include the name of the user, the name of the API plan the user has subscribed to, and the name of the API marketplace.
Here's how to add your PayPal information to the system:
Log in to the RapidAPI Provider Dashboard (My APIs)m select your Personal Account in the dropdown in the upper left, and click Payment Settings in the sidebar.
Adding a PayPal email address
If you do not add a PayPal address to your account, there is unfortunately no way for us to send you money! We will attempt to email you at least three times to add an email if a payment is generated and no address is found (or the address is invalid). Please be sure to fill out this information and keep it up to date so that we can send your payments.
Forgiveness, disputes, and failed payments
Very occasionally, there will be an issue where a developer fails to make a payment for their API usage. These tend to fall into four categories:
|1. Forgiveness request|
|2. Disputes and Chargebacks|
|3. Failed payments|
|4. RapidAPI error|
RapidAPI alerts users via email when they reach their quota limits. On occasion, a developer may have a bug in the system or inadvertently generate large overages. In these instances, he or she may reach out to us or you (the API provider) to ask for the overage fee to be waived. We do not refund any overage without your explicit permission. We leave these instances to your discretion as an API provider and fellow developer.
Disputes and chargebacks
RapidAPI incorporates an industry-standard credit card verification and anti-fraud solution to prevent fraudulent charges. In rare instances, a user may dispute a charge or initiate a chargeback. RapidAPI will then conduct a full investigation and aim to achieve resolution by working with the user and you, the API provider. If a refund is issued or a chargeback occurs, RapidAPI will offset the amount paid to you by the refunded amount. If you have suspicions of fraudulent behavior from one of your users, please contact support at https://support.rapidapi.com/ and we will investigate.
RapidAPI makes several attempts to collect a payment before failing and cancelling a user's subscription. We are diligent in communicating with developers that have failed payments on an outstanding balance to come to a resolution. RapidAPI will make payouts to the API provider only when RapidAPI has received final payments from or on behalf of the user. A final payment is deemed to have occurred when the applicable credit card company or bank has fully settled the payment.
If you think there is a processing error on our side, reach out to support at https://support.rapidapi.com/ and we will investigate the issue and come to a fair resolution.
Invoices and custom documents
We can generate custom invoices for you or your developers per request (see the Invoices section). W9 forms are also available upon request by reaching out to support at https://support.rapidapi.com/.
Updated about 2 months ago