How fast does RapidPay settle bounties?

RapidPay settles bounties in approximately 2.3 seconds using Solana blockchain finality. This is 524,000x faster than Upwork (14 days) and 112,000x faster than PayPal (3-5 days).

What is the RapidPay platform fee?

RapidPay charges a flat 2.5% fee on completed bounties. This is 8x cheaper than Upwork (20%) and approximately 2x cheaper than PayPal (5-6%). There are no hidden costs or variable rates.

Is RapidPay custodial or non-custodial?

RapidPay is fully non-custodial. Payments go directly from the bounty poster wallet to the worker wallet on Solana. RapidPay never holds your funds and cannot freeze your account.

How does RapidPay compare to Upwork?

RapidPay is 8x cheaper (2.5% vs 20% fee), 524,000x faster (2.3 seconds vs 14 days), and non-custodial (no account freezes). RapidPay uses Solana for instant wallet-to-wallet payments with no banking required.

Can I use RapidPay to receive reclaimed Solana rent deposits?

Yes. SolSafe (getsolsafe.com) handles Solana rent reclaiming for idle accounts, and RapidPay provides the distribution logic so that reclaimed storage deposits settle in 2.3 seconds, the same speed as bounty payouts. Reclaim rent on SolSafe, receive SOL instantly via RapidPay.

Tier 3 Market

Instant Solana Payouts in Lagos

Distribute SOL and USDC to your Lagos-based contractors in 2.3 seconds with a 2.5% flat fee. 7x faster than Lagos bank wires. Non-custodial. Compliant with SEC Nigeria / CBN.

Lagos → Solana Mainnet: 120ms

Finality: 2.3s

Tx cost: $0.00025

Settlement

2.3s

vs 7 days local

Platform Fee

2.5%

vs $35 wire fee

Lagos Tech Talent

200,000+

developers

Avg Contractor Rate

$20/hr

Web3 dev

Lagos Cost Calculator: RapidPay vs Local Bank Wire

Payout Amount$1,000

$100$25,000

RapidPay

Fee

$25.00

You receive

$975.00

Settlement

2.3 seconds

Lagos Bank Wire

Fee (₦)

$65.00

You receive

$935.00

Settlement

7 days

Your savings with RapidPay in Lagos

$40.00 + 7 days faster

Why Lagos for Solana Payouts

Lagos has Africa's largest developer community. With 7-day bank wire delays and high fees, instant Solana payouts via RapidPay are a breakthrough for Nigerian Web3 talent.

Lagos Crypto Regulations 2026

RegulatorSEC Nigeria / CBN

Crypto StatusRegulated since 2024

Local CurrencyNGN (₦)

TimezoneWAT (UTC+1)

Nigeria lifted its crypto ban in 2024 and introduced VASP licensing. The SEC now oversees digital asset regulation. Nigeria has the highest P2P crypto volume in Africa.

Protect Your Lagos Payouts

Secure your earnings with SolSafe wallet security. Verify contractors with VerifyDrop trust scores before distributing payroll.

Non-custodial. Wallet-to-wallet. No fund holds.

Other Payout Regions

Dubai Singapore London San Francisco Berlin Lisbon Miami Tokyo

View All 20 Global Payout Regions