How do i set up facebook pay

Remember when Facebook Messenger broke out of Facebook proper? A lot of users, including yours truly, were seriously irked. Why did we have to switch to entire different app just to chat with a Facebook friend?

Turns out Facebook had bigger plans for Messenger, including voice calls, chat bots, chess games and -- who knew? -- mobile payments.

It's true: You can use the Facebook Messenger app to send and receive money, PayPal-style.

How do i set up facebook pay
Screenshot by Rick Broida/CNET

Well, not quite -- Messenger payments require a debit card on both ends of the transaction. But there's no cost to use the service, which offers PIN-based protection and "industry-leading security," according to Facebook. Here's how to get started:

How do i set up facebook pay

Add a debit card to Facebook Messenger so you can send and receive money.

Screenshot by Rick Broida/CNET

Step one: Add your debit card. In the Messenger app for Android, tap the Profile icon, then scroll down and tap Payments. In the iOS app, tap Settings, then Payments. Tap Add New Debit Card and complete that process.

How do i set up facebook pay

Tap here to access the Payments option in Facebook Messenger.

Screenshot by Rick Broida/CNET

Step two: Open a chat with the person you want to send money to or from whom you want to request money. Tap the little "more" icon in the toolbar; it's the one with three dots in a rectangular box.

How do i set up facebook pay
Screenshot by Rick Broida/CNET

Step three: Tap Payments, then Next to bypass the info screen. By default, you'll be in the Pay screen; enter an amount you want to pay that person and a note indicating what the payment is for. Then tap Pay and you're done!

How do i set up facebook pay

I need a lot of money for donuts.

Screenshot by Rick Broida/CNET

Step four: If you want to request money instead, tap Request at the top of the screen, enter the amount and reason, then tap the Request button to complete the process.

With either action, the transaction will appear as embedded item right inline with your existing chat. From there the recipient can either accept or deny just by tapping.

And that's it! Assuming you and the people you know use debit cards, this is an awfully easy way to perform electronic transactions on the go. Awfully free, too.

Facebook has undeniably become a hub for digital advertising and business. The social network can be a powerful tool for business owners and marketers, especially those who use Facebook ads. It can help you leverage a social network on which millions of people spend their time. This is why it’s essential to know how to set up Facebook Pay.

You may be new to Facebook pay, but there’s no need to worry. This article is here to guide you and provide you with everything you need to know. Once you finish this article, you’ll be able to use Facebook Pay to transact business and increase sales more easily!

How do i set up facebook pay
Photo by Will Francis on Unsplash

What Is Facebook Pay?

Facebook pay is basically a virtual and secure method of payment. Think of it as a digital cashing service that Facebook provides. It works similarly to PayPal, where you access the Facebook Payments environment through your smartphone or computer. 

There are many major credit and debit cards that Facebook Pay supports, including PayPal. It also has a partnership with companies like PayPal, Stripe, and several others around the world to process payments.

Why Use Facebook Pay?

You might be wondering if Facebook Pay is still a good choice when there are many existing virtual payment methods out there. Well, there are useful features that Facebook Pay offers. Here are just some of them:

  • Make payments and purchases through apps via Facebook Pay instead of having to re-enter your payment information every time you purchase items on Facebook.
  • You can choose to set up the Facebook Pay app-by-app. Or you can also set it up for use across different compatible apps (where available). Facebook will not automatically set up Facebook Pay across the apps you’re using unless you choose to.
  • All payment information, transaction history, payment methods, and settings can be viewed in one place.
  • Live chat support is available inside and outside the US.
  • Understands payment services that are part of Facebook

Facebook is an already established environment that millions of users are comfortable using. By incorporating Facebook pay with your business, you can capitalize on this existing base of usability. It will no longer require a learning curve for your users.

Setting up Facebook pay is a lot easier than you might think. You can start using Facebook Pay with a few quick taps.

  • Open Facebook on either your laptop or phone
  • Go to “Settings” > “Payments” > “Facebook Pay”
  • Add a payment method; you can use a debit card, credit card, or PayPal
  • Use Facebook Pay on your next payment transactions. It’s as easy as that!

To Wrap Up

Businesses need to adapt their methods of payment to remain competitive. Facebook Pay offers a simple and convenient virtual payment solution. If you have a tech-savvy customer base that regularly uses social media, it is a great PayPal alternative.

Now you know how to set up Facebook pay. And with this, you and your customers can make payments and send receipts through Facebook with ease!

Frequently asked questions

How do I set up Meta Pay?

  1. Go to your Payments settings.
  2. Provide your payment method and account information.
  3. Use Meta Pay the next time you purchase, donate, or send money through our technologies or when you click the Meta Pay button online.

    What is the limit on Facebook Pay?

    Facebook doesn’t advertise any limits for its Facebook Pay service. The amount of money you have available to you should be able to send.

    How do I add a bank account to my Pay on Facebook?

    1. Download Messenger
    2. You can find your profile picture in the top left.
    3. Click the Facebook Pay link and scroll down.
    4. Make a new debit card or PayPal account.
    5. If you do not have a PayPal account, tap Add Debit Card.
    6. Once you enter your payment method information, tap Save.

      How do I verify my payment method on Facebook?

      You can find Ads Manager’s Payment Settings (www.facebook.com/ads/manager/account_settings/aaccredit_billing) once you receive the deposit. Select Your Bank Account, click Check Verification Status, and follow the instructions.

      Can you get Facebook pay money instantly?

      If your account is linked to an accepted payment method, any money sent to you is immediately transferred.

      Why does my Facebook Pay not work?

      It may be because: Your friend does not live in the US and your payment is not working on Messenger. It is important to remember that your friend isn’t 18 years old. They do not have a payment method linked to their account.

      How can I transfer money instantly?

      1. Zelle. The Zelle app can be used on the mobile device, as well as through participating banks’ online banking services.
      2. PayPal. The PayPal app gives you the option of sending, collecting, or requesting money online.
      3. Venmo
      4. Western Union
      5. Walmart2Walmart

        How do you set up Facebook Pay on Iphone?

        How long does it take to set up Facebook pay?

        After you add a payment method to your account, money is transferred right away, but your bank may take up to three business days to make it accessible to you.

        How do I receive money on Messenger?

        1. Let’s chat with a friend.
        2. Enter the amount you want to send by tapping the $ icon.
        3. Click on Pay in the top right and add your debit card to send money.

          How much Facebook pays for 1m views?

          Approximately $1,000 per month is paid by 1 million views, Shaba said. Nonny said that some videos with about a million views can earn upwards of $1,500 depending on the CPM rate, or the per thousand views, Nonny added. Including screenshots of their Facebook creator studio, Insider verified these earnings.).

          Is Facebook Pay safer than PayPal?

          No, it’s yes. Facebook Pay offers a top-tier level of security. When a debit card and credit card data is added to Facebook, it encrypts the data. Also, Facebook Pay will never share a user’s payment information with other parties without permission.

          Can I use a prepaid card to receive money from Facebook?

          The Facebook message can contain a payment method for sending money and receiving it. Reloadable prepaid cards that receive funds from sole sources – like a payroll card from an employer – can only send money in Facebook messages, not receive.

          How do I set up Facebook pay to receive money?

          1. Make sure you open your Messenger app.
          2. Start a conversation with the person you want money to be sent.
          3. Tap the bottom of the chat, then tap.
          4. After entering the amount you want to send, tap Pay.
          5. Payment for dollar amount is checked.
          6. Create a Meta Pay PIN and enter it to confirm your payment.

            What apps Pay you instantly?

            • Cash’Em All
            • MyPoints
            • InboxDollars
            • Mistplay. The game app Misstplay rewards you for playing games on your phone.
            • Block Blitz
            • Bingo Cash
            • Solitaire Cash
            • Solitaire Cube

              How do I activate Facebook pay?

              Tap the Profile icon, scroll down and tap Payments in the Messenger app for Android. Tap Settings, then Payments in the iOS app. Complete the Add New Debit Card process. You can use this method to access Facebook Messenger’s Payments option.

              How long does it take to verify Facebook Pay?

              Once you complete your online banking account registration, we send you your information electronically and fully verify your banking account information within three business days.

              Does Facebook Pay use venmo?

              It does not use an online wallet or vault like Venmo to accept payments; all of your money goes directly to the recipient’s debit card (or PayPal account, ironically) that they’ve attached to their Facebook account.

              Why does it take so long to get paid on Facebook marketplace?

              The payout is given 15 days after you mark the item as shipped or 5 days after the item is delivered after receiving delivery confirmation. Your account may take up to 5 days once your fund is received.

              Why can’t I add my debit card to Facebook Pay?

              If you’re having difficulty paying with your account using a new card, it may be that:. There are not enough funds on the card. I’ve expired my card.

              How do I set up Facebook Pay to receive money?

              How do I use Meta Pay to send or receive money on Messenger?.
              Start a message with the person you want to send money to..
              Tap. then. ... .
              Enter the amount you want to send or request..
              Tap Next, then click Request or Pay. If you haven't added a debit card or PayPal to your account, then follow the onscreen instructions..

              How do I accept payment on Facebook?

              To add a payment method:.
              Open your Messenger app..
              Tap your profile picture in the top left..
              Scroll down and tap Facebook Pay..
              Tap Add new debit card or PayPal..
              Tap Add Debit Card or Add PayPal..
              Enter your payment method information, then tap Save..