This page explains not only how to successfully utilise the bounty hunting activity, but the effects on the BGS (Background Simulation). Use the tags above to read about any similar activity together with similar/related functions in-game.
Find Resource Extraction sites or scan ships from Supercruise to find ships that are WANTED. Kill them. You’ll cash in your bounty vouchers at the station owned by the faction for whom you want to boost INF. The minimum transaction value is 150k, and each transaction counts. So try to hand in just over 150k worth of vouchers at a time.
Functional States: All states including War
Target/Source Info: Bounty hunting is an ad hoc activity, and it benefits the faction who own the station in which you cash in the bounty vouchers.
Effect on Player: Increase Combat Rank & REP with station owner.