PricePlan

PricePlan covers properties that describe pricing. Price related properties include rate, unit and currency. Taxation properties cover applicable VAT percentage and whether or not, tax is included in price. PricePlan also describes what are the possible mechanisms to buy the product – mainly if it is based on transaction or subscription, or if it is a combination of them. Note that one product can have multiple PricePlan options, for example based on customer segmenting profile or area policies.

Supported types of plans are:

Name	Description
Free	Free data and should not have price other than 0. Free data can be integrated with in-house or private data and this integration could become valuable.
Pay-per-use	aka usage based pricing, usage based prices correspond to the human rationality that each single unit of a commodity raises the total amount of money to pay for.
Package	Package pricing refers to a pricing model that offers a customer a certain amount of data or API calls for a fixed fee and pay fee per unit for exceeding calls. In this context amount of data is data cap which might be attached to plan. API calls is relevant if the product is request-response type. On subscription product this does not make sense.
Subscription	aka The flat fee tariff is one of the simplest pricing models with minimal transaction costs. It is based on time as the only parameter. Suppliers could combine a flat fee tariff with flexibility by offering short term contracts.
Freemium	The idea is to let users join and use basic services for free and charge them for (premium) services that provide additional value to customers. The payment model for additional services can take any of the forms described above.

Schema elements

Property Category	Property	Type	Label	Description
identifier	name	string	Name	Name of the PricePlan.
financial	currency	string	Currency	Currency used for rate (ISO 4217 code).
physical	unit	string	Unit	Unit used (Defines unit which is used).
physical	unitGroup	string	Unit group	Unit group name/definition.
physical	quantity	integer	Quantity
financial	vatIncluded	boolean	VAT included in rate	Information if VAT is included in the rate (price per unit).
financial	vatPercentage	integer	VAT percentage	Percentage value used for VAT taxation.
financial	rate	string	Rate

Examples

{
   "name":"FREE",
   "unitGroup":"Transaction",
   "unit":"Transaction",
   "rate":0
}

[
   {
      "name":"Premium Package",
      "currency":"EUR",
      "unitGroup":"Transaction",
      "unit":"Transaction",
      "quantity":100000,
      "rule":{
         "maxQuantity":100000
      },
      "rate":100
   },
   {
      "name":"Extra Requests",
      "currency":"EUR",
      "unitGroup":"Transaction",
      "unit":"Transaction",
      "quantity":1,
      "rule":{
         "minQuantity":100001
      },
      "rate":0.5
   }
]

{
   "name":"Premium subscription 1 year",
   "currency":"EUR",
   "unitGroup":"Duration",
   "unit":"year",
   "quantity":1,
   "rate":1000
}

{
   "name":"Pay-Per-Use Standard",
   "currency":"EUR",
   "unitGroup":"Transaction",
   "unit":"Transaction",
   "rate":1
}