You can manage your payout settings by visiting your profile's Settings > Rewards and Payments > Preferences.
Payout Times, Thresholds, & Pauses
You can choose between the following processing options in receiving & pausing your payouts within the payments settings and then click Save to apply the changes:
Option | Details |
Daily | Your payouts will be processed daily. |
Monthly | Your payouts will be processed on the 27th of every month.
If the 27th falls on a weekend, the payout will be processed on the next business day. If February 27 is a Sunday, the payout will be processed on March 1.
Charity payments cannot be processed monthly. |
Threshold Amount | Set a minimum payout threshold between $100 and $10,000. Payments will be triggered automatically when: 1. Your earnings reach that specific amount (“Threshold Amount”); or 2. You have accumulated rewards for a period of 9 months without a payout. IMPORTANT NOTE - Pursuant to our contractual and/or legal obligations in respect of your rewards held by us, we are required to take steps in relation to any reward(s) that remain unpaid for a period of 9 months or more. Therefore, rewards that are 9 months or older that have not been paid for any reason will be subject to a review, and we reserve the right to remit these unpaid rewards to a third-party account. Should we determine at our sole discretion that these rewards cannot be paid out, the money will be returned to the Customer Program. Please be aware that we will provide regular notice on a calendar basis for rewards which have not been paid and which may become subject to review. If you have any questions about this please contact us through the platform. See our FAQs if you have more questions. |
Pause Payments | You also have the option to pause your payments for up to 9 months from the date your oldest held award was awarded. IMPORTANT NOTE - Pursuant to our contractual and/or legal obligations in respect of your rewards held by us, we are required to take steps in relation to any reward(s) that remain unpaid for a period of 9 months or more. Therefore, rewards that are 9 months or older that have not been paid for any reason will be subject to a review, and we reserve the right to remit these unpaid rewards to a third-party account. Should we determine at our sole discretion that these Rewards cannot be paid out, the money will be returned to the Customer Program. Please be aware that we will provide regular notice on a calendar basis for rewards that have not been paid and may become subject to review. If you have any questions about this, please contact us through the platform. See our FAQs if you have more questions. |
Payout Methods
We offer three payout methods, each with different processing times. The payout method you select also determines when payments are processed each day.
Note: Payments are not processed on the first or last days of the month.
HackerOne offers three payout methods for monetary awards:
Payout Method | Processing Time | Description |
PayPal | Monday to Friday at 11:30pm UTC | Payout time is 1-2 days. As soon as the payment is initiated, you'll receive your award instantly, given that your PayPal account is set up to properly receive the amount of money HackerOne is trying to send. |
Bitcoin & USDC via Coinbase | Every day at 11pm UTC | Payout time is 1-2 days. You'll receive your award as soon as the payment is processed. |
Bank Transfer (Currencycloud) | Monday to Friday at 9am UTC | Payout time is 1-10 days. You can choose between Normal (local) or Priority (SWIFT) payments. How fast you receive your payout depends on the type of payment you're using as well as your bank. There are cases where hackers have received payments on the same day and cases where hackers have had to wait the full ten business days. Bank transfers can be done in your own local currency. To convert bounties to your local currency, the mid-market rate is used to convert money. This saves you up to 5% compared to relying on your bank to convert the money to your local currency.
Make sure your bank isn’t on the sanctions list. Go to https://sanctionssearch.ofac.treas.gov/ to check if your bank is on the list. Banks on this list don’t qualify for bank transfers. Examples include VTB and SBERBANK.
Note on payment limits: We attempt to pay the largest payment in a single transaction allowed by the currency exchanges. This will vary by currency and whether it is a Priority or Regular payment. See the chart below for more details. |
More Information on Bank Transfers (Currencycloud)
Choosing between SWIFT and Local payment
| SWIFT | Local |
Availability | Most currencies | Fewer currencies available |
Fees | Fees imposed by banks | Does not impose a bank fee |
Speed | Slightly slower | Slightly faster |
Maximum payment size per single transaction (USD) | unlimited | Depending on the currency and exchange rate, from about $15,000 USD, to unlimited. Payments due that are larger than the single transaction limit will be split up into multiple transfers |
When you create your bank transfer payout preference in settings, the system will automatically guide you to the options available for your bank and currency.
Generally, local delivery is best if you receive small payments as it is faster and has fewer fees. Note that even if your currency doesn’t support local delivery or SWIFT, you can ask for USD to be delivered to your bank. The only caveat is that your bank will likely give you a less favorable exchange rate, and you will need to test that yourself.
Supported Currency Conversions
For bank transfers, we currently support conversions to the following currencies:
Supported Currency (Code) | SWIFT /Local Supported | Supported Currency (Code) | Currency Code |
Australian Dollar (AUD) | SWIFT & Local | Mexican Peso (MXN) | SWIFT Only |
Bahraini Dinar (BHD) | SWIFT Only | New Zealand Dollar NZD) | SWIFT Only |
British Pound (GBP) | SWIFT & Local | Norwegian Krone (NOK) | SWIFT & Local |
Bulgarian Lev (BGN) | SWIFT Only | Omani Rial (OMR) | SWIFT Only |
Canadian Dollar (CAD) | SWIFT & Local | Philippine Peso (PHP) | SWIFT & Local |
Chinese Yuan (CNY) | SWIFT Only | Polish Zloty (PLN) | SWIFT & Local |
Croatian Kuna (HRK) | SWIFT & Local | Qatari Rial (QAR) | SWIFT Only |
Czech Koruna (CZK) | SWIFT & Local | Romanian New Leu (RON) | SWIFT & Local |
Danish Krone (DKK) | SWIFT & Local | Saudi Riyal (SAR) | SWIFT Only |
Euro (EUR) | SWIFT & Local | Singapore Dollar (SGD) | SWIFT & Local |
Hong Kong Dollar (HKD) | SWIFT & Local | South African Rand (ZAR) | SWIFT Only |
Hungarian Forint (HUF) | SWIFT & Local | Swedish Krona (SEK) (More setup info) | SWIFT & Local |
Indonesian Rupiah (IDR) | Local Only | Swiss Franc (CHF) | SWIFT & Local |
Indian Rupee* (INR) | Local Only | Thai Baht (THB) | SWIFT Only |
Israeli New Sheqel (ILS) | SWIFT Only | Turkish Lira (TRY) | SWIFT & Local |
Japanese Yen (JPY) | SWIFT Only | Ugandan Shilling (UGX) | SWIFT Only |
Kenyan Shilling (KES) | SWIFT Only | United Arab Emirates Dirham (AED) | SWIFT Only |
Kuwaiti Dinar (KWD) | SWIFT Only | United States Dollar (USD) | SWIFT & Local |
Malaysian Ringgit (MYR) | SWIFT & Local |
|
|
*Note: Due to circumstances out of our control between our banking providers and HDFC Bank (India), we are not able to process any payouts to HDFC Bank for the foreseeable future. We recommend our users choose another type of payment as this historically has been problematic, and we don't expect a quick resolution. If this changes, we will notify any user who used to use HDFC Bank.
Keep in mind:
When receiving a payout through a bank transfer, the payout must meet the minimum amount for the type of payment before it can be sent:
Swift payment minimum: $100
Local payment minimum: $50
The minimum is the cumulative of all payments pending for that user. For example, if you have $1 from one award and $49 pending from another, the 2 payments will be grouped into one payout of $50, which enables it to meet the local payment minimum transaction amount.
Note: Before you can receive a payout you also need to have successfully completed a tax form, which must be renewed every three years.
Setting Up Your Payout Method
To set up your payout method of choice, go to Settings > Rewards and Payments > Preferences.
Choose your payout vendor and then follow the relevant instructions for your chosen method.
If you do not have a PayPal or Coinbase account and wish to have one, you can:
For PayPal
Go to https://www.paypal.com
Click Sign Up
Select whether you wish to set up a Personal (Individual) or Business account
Click Get Started and complete the signup process.
For Coinbase
Go to https://www.coinbase.com
Click Sign up and complete the signup process.
Setting Up Your Payout Preference with PayPal
Complete all of the following steps to enable PayPal as a payment method:
Enter the email address that you use for your PayPal account.
If you wish to set PayPal as your default payout method, toggle on the tick box. If you do not wish PayPal to be your default payout method, toggle off the tick box.
Click the Save button.
Setting Up Your Payout Preference with Coinbase
Complete all of the following steps to enable Coinbase as a payment method:
Choose whether you prefer to be paid in USDC or BTC. If you are unsure which to select, here is some information about USDC and BTC.
Enter the email address that you use for your Coinbase account.
If you wish to set Coinbase as your default payout method, toggle on the tick box. If you do not wish Coinbase to be your default payout method, toggle off the tick box.
Click the Save button.
Setting Up Your Payout Preference with Bank Transfer
Complete all of the following steps to enable Bank Transfer as a payment method:
Select whether your bank account is assigned to an individual or a company.
Select your current Country of Residence (Tip: This should be the country in which you are registered for tax purposes)
Enter your Bank Account Holder Name (Tip: This should match the name of the account holder/company as it appears on your bank account)
Select the Bank Account Country from the dropdown (Tip: This should be the country in which your account was opened)
Select your desired Currency for Payments from the dropdown (Tip: You can select from the 37 available currencies)
Click on the Next Step button to continue to set up your payout method
If you selected that you are to receive a payout as an individual, complete the below with the information related to your payout bank account, if not go to the next step
Enter your Address (Tip: provide your full address)
Enter your City
Select your Country from the dropdown list
Enter your First Name as it appears in your bank account
Enter your Last Name as it appears in your bank account
Enter your State or province
Enter your Postcode
Enter your Date of Birth
Enter your ABA Code
Enter your Account number
If you wish to set your bank account as your default payout method, toggle on the tick box. If you do not wish to set your bank account as your default payout method, toggle off the tick box.
Click the Save button.
If you selected that you are to receive a payout as a company, complete the form shown below:
Enter your Address (Tip: provide your full address)
Enter your City
Select your Country from the dropdown list
Enter the Company name as it appears in your bank account
Enter your State or province
Enter your Postcode
Enter your ABA Code
Enter your Account number
If you wish to set your bank account as your default payout method, toggle on the tick box. If you do not wish to set your bank account as your default payout method, toggle off the tick box.
Click Save
See any country-specific setup information under Supported Currency Conversions