As communication becomes more critical for businesses worldwide, EnableX understands the need for flexibility in billing models to align with the diverse business models that companies deploy. As you compare and choose a Communications API provider, merely understanding the pricing in terms of per minute usage may not help.
When you compare pricing for video API, WhatsApp, VoIP calling or SMS, many providers can provide a pay as you go model, which is a standard offering, with some discounts for usage commitments. And while you can compare features and advantages of each platform, the pricing models may not meet the diverse needs of every industry’s use case or requirement.
To help meet the pricing needs of any business using our video or other APIs, we are happy to announce launch of new pricing options which work best for your business!
Why do we offer multiple pricing options?
As with any product or service, communications channels should be available in different units of purchase depending on the client and service partner’s business models and commercial agreements. If a contact centre bills the client on a per agent model, but must apply separate pricing for say, video calls, neither the client not the contact center can arrive on a flat, per month price per seat utilised.
In other cases, this will help companies buy and sell products in the same units they sell them. For e.g.:
- A video KYC provider may want to provide their services on a per KYC transaction completed, but as the video API usage is charged at a per participant, per minute model, costs can vary widely, upsetting commercial price modelling.
- Organisations with heavy usage may like to procure user/agent-based licensing to ensure spends on specific communication channels are capped and predictable at a per contact centre agent, or a per transaction model.
- Others may have a specific requirement basis customised transaction unit, where say, video minutes used during a specific transaction like a video KYC call may be capped through a per transaction cost.
Overall, the range of pricing options add predictability in spend, and help resellers and other service providers create new products easily. EnableX is the world’s first CPaaS provider to offer Pay-As-You-Go, User or agent Licensing and Concurrent capacity models, in both prepaid and postpaid modes for Communication API offerings.
The various pricing models can be understood as follows:
- Pay as you go
The pay-as-you-go model allows businesses to pay only for what they use, making it an excellent option for companies with unpredictable communication volumes.
- Agent based billing
Designed to fit well for client servicing and contact centre industry which sells agent licences to its enterprise clients. By creating a similar model for our video API’s, we help these companies align their cost structures with their business models creating a win-win situation for all. With user or agent licensing, businesses can pay for the number of agents managing a given workflow, helping provide clear visibility on costs.
- User based billing
For education or other use cases with heavy usage. Gives predictability in spend. Example per teacher or per student billing
- Concurrent capacity billing
- This model is designed for high usage industries like edtech with visibility on concurrency of usage. In such a case, edtech companies know the number of sessions they run in parallel and the size of each classroom, they can buy concurrent capacity with unlimited video usage.
- Resellers – This model is an ideal one for resellers who want to sell Video APIs under white label model. They can buy capacity and sell services in any model of their choosing
- Transaction based pricing
Another industry first, this model is designed for companies using Video for short duration transactions like VKYC or fixed duration candidate interviews. We can charge per interview or per KYC with such industries
EnableX offers a comprehensive suite of communication solutions, including video, voice, SMS, and WhatsApp messaging, empowering businesses to deploy omnichannel communication across devices and platforms. The new billing models will enable businesses to optimize their costs and make the most of EnableX’s advanced communication solutions.
The EnableX Platform is built using the best-in-class technologies and infrastructure to deliver best possible customer experience. With the use of WebRTC and SIP as the underlying real-time communication framework, we ensure seamless communication across IP and traditional communication channels across web and mobile devices. We offer native APIs and SDK’s along with hybrid frameworks – both for web and mobile applications including ReactNative, Flutter and Cordova to enable quick integration by developers.
Note: Please note different pricing models discussed above are subject to terms and conditions as set out by VCLOUDX PTE LTD. and its group companies from time to time.
If you have questions, please contact us at this link, or speak to your EnableX account manager.