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Instant Payouts

Updated this week

What Are Instant Payouts?

Instant Payouts allow you to convert your PrizeBear coins into real rewards delivered immediately. Depending on your region, available payout options may include:

  • Bank Transfer (ACH)

  • PayPal

  • Virtual Visa

  • Physical Visa

  • Merchant Gift Cards

  • Venmo

  • Cash App

  • Charity Donations

  • And more, depending on your location

As soon as you submit your payout, PrizeBear processes it instantly. You will then receive an email with final instructions for the specific payout method you selected.


How Do I Access Instant Payouts?

  1. Open the Wallet in the top-right corner of the PrizeBear website.

  2. Select the Instant Payouts tab.

  3. Browse the available payout methods, or filter by category using the dropdown menu.

  4. Choose your preferred payout option.

  5. Select the amount you want to withdraw.

  6. Enter the recipient’s email address and name.

    Important: The owner of the email address you enter will have access to complete the payout.

  7. Click Get Instant Reward.

  8. After submitting your request, the recipient will receive an email with the final steps needed to complete the payout.


Why Do Available Payout Methods Vary?

Payout options depend on the country you are from.Different countries support different providers and gift card networks.

For example:

  • ACH and Venmo are available only in the United States.

  • Certain merchant cards are region-locked.

  • PayPal and Visa options may appear globally but still vary by country.


Can I Use a Different Email Address?

Yes. The email address you enter for your payout does not need to match your PrizeBear account email.

For example:

  • Send a PayPal payout to any PayPal-supported email

  • Send a gift card to a friend or family member

  • Use a different email for work or personal wallets


Important: Always double-check the email address before submitting

Once you confirm your payout, PrizeBear immediately sends the payout message to that recipient email, and the person who owns that inbox will be able to complete the final redemption steps.

Because payouts are processed instantly, we cannot change the email or reverse the payout after it has been submitted.


How Fast Are Instant Payouts?

PrizeBear processes your payout instantly. After clicking Get Instant Reward, you receive:

  1. Immediate processing on PrizeBear’s side

  2. An email with final redemption steps, which vary depending on the payout method

Examples of additional steps:

  • PayPal payouts may require accepting the payment

  • Visa cards may require activation

  • Merchant gift cards may require redeeming a code

  • ACH transfers may require confirming routing/account details


Can I Use Gift Cards in Another Country?

In most cases, no. Most merchant gift cards are region-locked, meaning they can only be redeemed in the region they are issued for.

Before sending a payout to someone in another country, ensure the gift card matches their region.


Can I Get a Refund?

Instant Payouts are non-refundable. Once delivered, the payout cannot be reversed because it is immediately accessible to the email address you provided.

Refunds cannot be issued for:

  • Entering the wrong email

  • Selecting the wrong payout method

  • Redeeming a region-locked gift card in the wrong region

  • Sending a payout to the wrong person

If your payout code is invalid or not working, PrizeBear Support can help verify the issue with the provider.


Why Is There a Processing Fee?

A small processing fee (5%) covers:

  • Payment provider fees

  • Card issuance and processing

  • Fraud prevention

  • Instant delivery infrastructure

The fee is shown upfront before you confirm your payout.


Where Can I See My Payouts?

All completed Instant Payouts appear in the History tab of your Wallet. Each transaction will display:

  • Date

  • Payout method

  • Amount

  • Status

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