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Overview

Bounty.new handles all payment processing so you can focus on getting work done. Instant payouts, transparent fees, and multiple payment methods.

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How it works

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For creators

1

Create bounties

Funds are held in our platform account when you publish a bounty.
2

Approve work

When you approve a submission, the payout processes instantly, and the winning submission gets paid immediately.

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For developers

1

Complete work

Submit your solution for a bounty.
2

Get approved

Creator reviews and approves your submission.
3

Receive payment

Funds hit your account immediately—no waiting period.

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Payment methods

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Adding funds (creators)

  • Credit card: Visa, Mastercard, American Express
  • Instant processing
  • 2.9% + $0.30 processing fee

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Receiving payouts (developers)

Connect your Stripe account at bounty.new/settings/payments to receive payouts.
  • Stripe Connected Account: Direct deposit to your bank
  • Instant payout upon approval
  • No fees
You must connect your Stripe account before a bounty creator can approve your submission.

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Fees

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Platform fees

RoleFeeWhen charged
Creator5%When bounty is created
Developer0%No fees on payouts
Developers keep 100% of the bounty amount. Creators pay a 5% platform fee.

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Payment processing fees

Additional fees from payment providers:
  • Credit card: 2.9% + $0.30

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Example calculation

For a $500 bounty: 
Bounty amount:        $500.00
Platform fee (5%):    $ 25.00
Card processing:      $ 15.20
─────────────────────────────
Total charged:        $540.20

Developer receives:   $500.00

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Payment security

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How payment protection works

  1. Funds secured: When you create a bounty, funds are held securely in escrow
  2. Protected: Neither party can access funds until work is approved
  3. Released: Funds transfer instantly upon approval
  4. Refunded: If bounty is cancelled, funds return to creator minus the 5% platform fee

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Refunds and cancellations

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Requesting a refund

To cancel a funded bounty and request a refund:
  1. Click Request cancellation from the bounty menu
  2. Optionally provide a reason
  3. Support team processes your refund manually
  4. You’ll receive the bounty amount minus the 5% platform fee
You cannot cancel a bounty that has an approved submission. The solver must be paid. The 5% platform fee is non-refundable.

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What happens during cancellation

  • All pending submitters receive a notification email
  • Bounty badge changes from “Funded” to “Cancelling”
  • Delete button becomes available while waiting for refund
  • Once refunded, bounty status changes to “Cancelled”

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Refund calculation

For a $500 bounty: 
Original amount:      $500.00
Platform fee (5%):    $ 25.00 (non-refundable)
─────────────────────────────
Refund amount:        $475.00

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Dispute resolution

If there’s a disagreement:
  1. Communicate: Try to resolve directly with the other party
  2. Request mediation: Contact [email protected]
  3. Review process: Our team reviews the work and requirements
  4. Decision: Funds released based on fair assessment
Disputes are rare but taken seriously. Provide clear requirements upfront to avoid issues.

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Troubleshooting

  • Verify card details are correct
  • Check with your bank for blocks
  • Try an alternative payment method
  • Contact support if issue persists
  • Check your payout method is verified
  • ACH bank transfers take 1-2 business days
  • Verify bank account details are correct
  • Contact [email protected] for help
  • Review the fee breakdown in your transaction history
  • Platform fee (5%) and payment processing fees apply
  • Contact support if you believe there’s an error

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Need help?

Contact support

Questions about payments? Our team is here to help.