monday.com Adds Built-In Monetization Solution to the apps marketplace
monday.com (NASDAQ: MNDY) has launched a new monetization framework for its apps marketplace, allowing developers to manage app payments directly within the Work OS. The solution streamlines purchasing for users, enabling them to manage subscriptions and payments through their existing accounts. This integration supports low-code/no-code development, simplifying the app monetization process. The marketplace has already seen significant engagement, with over 1 million visitors and 195,000 app installs. This initiative aims to enhance innovation and the overall user experience.
- Launch of new monetization framework expected to boost developer engagement.
- Streamlined payment process enhances user convenience and experience.
- Marketplace reached 1 million visitors and 195,000 app installs, indicating strong user interest.
- None.
The new native capability gives developers the power to monetize apps directly within the Work OS, streamlining purchasing for all
With the new payment solution and the platform’s flexible low-code/no-code framework, developers will be able to build, distribute, and monetize their apps all within their
“With monetization being one of the best incentives for app development and innovation and the fact that the vast majority of apps on our marketplace are already using an external payment solution, the need for this feature was clear,” said Vlad Mystetskyi, Sr. Team Lead of the monday apps team. “As our ecosystem continues to grow, we anticipate the marketplace becoming a key channel for enterprises and individual developers looking to distribute their apps to our global user base.”
For customers, the built-in monetization solution means they will be able to pay for premium apps via the monday pay system, which will manage all purchases and subscriptions from their existing monday billing flow, removing the need to navigate each app’s unique payment process.
“With the ability to seamlessly implement monetization into any app, developers will be able to create full-fledged products with complete experiences on the
Launching in late 2020, the monday app marketplace has reached 1 million visitors and 195,000 app installs. Some of the apps already taking advantage of the new monetization feature include OP.sign, a secure electronic signature service and winner of the 2020 monday.com App Challenge, and
To learn more visit: https://apps.developer.monday.com/docs/monetization
About
The monday.com Work OS is an open platform that democratizes the power of software so organizations can easily build work management tools and software applications to fit their every need. The platform intuitively connects people to processes and systems, empowering teams to excel in every aspect of their work while creating an environment of transparency in business.
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Source: monday.com Ltd.
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