A payout is the reward you receive for sharing your bandwidth with Honeygain. The minimum amount at which you can request and receive a payout is $20. There is no upper limit towards the sum requested, meaning that you can collect as much money as you wish (upwards from $20) before requesting a payout. Currently, the only payout method available is PayPal.
After you reach out the minimal threshold of $20, a payout request button will become available on our application while logged in to your profile. If nothing happens when you press the aforementioned button or it does not appear at all, please make sure you had reached the threshold of the payout. After you request the payout, within 1 business day, you will receive an email from our payment provider Tipalti where you will need to register. It will take approximately 2-3 business days for the payout to appear on your PayPal account.
Even though the payout process might seem simple, we figured we would give you a thorough explanation of how the payout proceeds so you can receive your earned payout with no worries involved. This is why we had prepared a blog post, explaining step-by-step what happens when you request the payout. You can find the blog post here.
Payouts are handled only in USD (the United States Dollar) and are done, as of this day, only via PayPal. In case your payout is declined, please check our article regarding it by following this link. You would receive an email notifying you if the payout had failed.
There are certain fees that are applied by the payment provider Tipalti. The exact sums are as follows:
|Payout receivers' country||Fee per payment|
|US Resident||USD 1.00 + 2% up to USD 21.00|
|Non-US Resident||USD 1.00 + 2% up to USD 2.00|
It is incredibly easy to request and receive a payout, it merely takes a few steps to achieve it:
- Make sure you have reached the threshold of the payout ($20 or 20 000 credits).
- Press the payout button and wait for an email invitation to Tipalti - our payment provider.
- Once you receive the invitation email, please follow the instructions carefully to register at Tipalti.
- Sit back, relax, and wait for those few business days to receive the payout!