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 Seoul

Distribute SOL and USDC to your Seoul-based contractors in 2.3 seconds with a 2.5% flat fee. 3x faster than Seoul bank wires. Non-custodial. Compliant with FSC (Financial Services Commission).

Seoul → Solana Mainnet: 55ms

Finality: 2.3s

Tx cost: $0.00025

Settlement

2.3s

vs 3 days local

Platform Fee

2.5%

vs $30 wire fee

Seoul Tech Talent

320,000+

developers

Avg Contractor Rate

$70/hr

Web3 dev

Seoul 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

Seoul Bank Wire

Fee (₩)

$60.00

You receive

$940.00

Settlement

3 days

Your savings with RapidPay in Seoul

$35.00 + 3 days faster

Why Seoul for Solana Payouts

Seoul is Asia's second-largest crypto market by volume with massive retail adoption and growing DAO participation.

Seoul Crypto Regulations 2026

RegulatorFSC (Financial Services Commission)

Crypto StatusRegulated under VASP framework

Local CurrencyKRW (₩)

TimezoneKST (UTC+9)

South Korea requires VASP registration. Crypto gains taxed at 20% above 2.5M KRW. Real-name banking mandate for exchanges. Strong institutional adoption.

Protect Your Seoul 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.

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