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Funding bounties

Bounty.new uses escrow to protect both creators and solvers. Here’s how to fund your bounties and manage payments.

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How escrow works

When you create a bounty:
  1. Funds locked - Your payment is held in escrow
  2. Work delivered - Solver submits their solution
  3. You approve - Review and approve the work
  4. Instant payout - Funds released immediately to solver
This protects both parties:
  • Solvers know the money is there
  • Creators only pay for approved work

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Adding payment methods

1

Navigate to payment settings

Go to your organization’s settings page at bounty.new/[slug]/settings/payments.
2

Add payment method

Choose your preferred payment method:
  • Credit/debit card (instant)
  • ACH bank transfer (1-2 business days)
3

Verify your account

Complete verification to enable payments. Required for security and compliance.
4

Start creating bounties

Once verified, you can fund bounties and start receiving solutions.

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Funding a bounty

When creating a bounty:
  1. Set reward amount - Choose how much you’ll pay for the solution
  2. Add to escrow - Funds are immediately locked in escrow
  3. Post bounty - Your bounty goes live with guaranteed payment
Funds in escrow are protected and can only be released when you approve work or cancel the bounty.

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Managing bounty funds

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Approving work

When a solver submits a solution:
  1. Review submission - Check if it meets your requirements
  2. Request changes - Ask for revisions if needed
  3. Approve - Release funds instantly to the solver

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Canceling a bounty

If you need to cancel:
  1. Navigate to the bounty
  2. Click Cancel bounty
  3. Funds return to your account immediately
If work has been submitted, communicate with the solver before canceling. Consider partial payment for partial work.

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Dispute resolution

If there’s a disagreement:
  1. Communicate - Try to resolve directly with the solver
  2. Request mediation - Contact grim@bounty.new
  3. Review process - Our team reviews the work and requirements
  4. Decision - Funds released based on fair assessment

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Payment security

Your payment information is protected:
  • Encrypted storage - All payment data is encrypted
  • PCI compliance - We follow industry security standards
  • Escrow protection - Funds only released when you approve
  • Fraud prevention - Advanced security measures protect your account

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Pricing and fees

Platform fee

Small percentage fee on bounty rewards. Covers escrow, payments, and platform costs.

Payment processing

Standard payment processing fees apply based on your payment method.

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Troubleshooting

  • Verify card details are correct
  • Check sufficient funds available
  • Contact your bank if issues persist
  • Try alternative payment method
  • Ensure all information matches your ID exactly
  • Use a clear photo of your ID
  • Check that your address is current
  • Contact grim@bounty.new for help
  • Confirm you approved the work
  • Check transaction history in settings
  • Allow 1-2 minutes for processing
  • Contact support if funds aren’t released

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Need help?

Contact support

Questions about payments? Our team is here to help.