You can use various methods to accept or send money on Facebook, you can choose as per your convenience. To Know How To Accept Payment On Facebook, read the complete article, and choose your convenient method.
Facebook also provides a payment method, a currency of its own called Facebook Stars to make the payments or donations to live streamers.
If you run your business through the Facebook marketplace or provide any service for which you need to accept payments.
So, accepting payments through Facebook is simple, you just need to follow any of the following methods.
After owning WhatsApp, Facebook has reached to larger groups of people around the globe.
There are a high number of chances, that every people who own a smartphone and has internet connectivity uses either all or one of the Facebook products (Instagram and WhatsApp).
Like it or not, there’s no getting away from Facebook.
So, without many other discussions just begin with the methods for accepting payments on Facebook.
How To Accept Payment On Facebook
You can either use third-party services like PayPal and FundRazr to accept payments through Facebook, or you can use Facebook Messenger to receive payments.
Yes, That’s right, with Facebook Messenger, you can easily accept payments.
However, this feature is not yet launched for many countries, the US and UK are few in which you can use Facebook Messenger to receive payments.
So, at first, I am going to give you a method for a third-party application, as Facebook Messenger is not available for most countries.
How To Accept Payments On Facebook Using PayPal
You can add a PayPal button link on your page, to receive payments, to do this use the following methods.
- Visit www.paypal.com/webaccept
- Login in to your Paypal Account.
- Fill all the details as per the above image and click on Create Button.
- On the next page, click on the Email tab and then Select and Copy the code.
- Now, log in to Facebook and open your page.
- Click on Create Post and then add your text for example, ‘Best Statues’ and paste the code below it and hit on Post.
With this, you can accept payment directly into your PayPal.
Also, you can also receive money by raising find, this could be for anything like any social cause or national calamities.
Accepting Payments On Facebook With FundRazr
FundRazr is a free crowdfunding and online fundraising platform first released in 2009.
FundRazr operates internationally in 35+ counties with the largest markets being the United States, Canada, United Kingdom, and Australia.
With this, you can receive payments from various users in one go, and you can link your PayPal account in it too.
- Go to www.FundRazr.com
- Click Login on the top right-hand corner of the screen.
- Click Continue with Facebook under Login to FundRazr.
- Choose your option from the drop-down, as shown in the image above.
- Now Fill the following details, as per your agenda.
- On the next page, add any picture you want for your campaign and story attached to it, and click on Save&Continue.
- On the next page, add details like Location, Currency, Funding type, Goal, and Deadline, and then click Save&Continue.
- Now, give some more details as in the below image.
- After all of this Review your information and then Launch the campaign.
This campaign then will be launched on your Facebook profile, and as per your selection will be visible to your friends and all.
This is another method for raising money from Facebook.
Now, the last method, which you can use to accept payments on Facebook, and for this, you need not do much, as compared to former methods.
How To Accept Facebook Payment Using Facebook Messenger
Messenger is a convenient and secure way to send and receive money, and it is highly convenient too.
The Messenger payments system is simple to figure out.
In a chat with a friend or any other person(from whoever you are receiving the money), press the blue + icon, and select the payment option.
On the first payment, you will need to enter your bank information (Visa and Mastercard) and the amount to be paid or users can choose PayPal as the source when making a payment.
The money is then transferred in up to three business days.
PayPal did not say whether it plans on bringing peer-to-peer payments to other messaging platforms too, but this news, as PayPal COO Bill Ready puts it, is part of a “broader movement where we’re meeting the user in whatever context they’re in.”
To receive the payments, do the following:
- Open the conversation.
- Tap Add Card or PayPal.
- Add your debit card and set up your account to accept money for the first time.
The maximum transfer amount is $9999, and also there is no fees to send the amount ie., sender needs not to pay any extra charge.
Facebook claims that it encrypts personal data and credit card numbers of the users, so you need not worry.
It also takes care to store your financial information separately from your account data, which means your public profile of Facebook is not stored with the payment information.
However, as with any transaction where the money is involved, you should take steps to protect yourself from fraud and other problems. So, use it with the verified users only.
You can’t cancel Messenger payments, although recipients can voluntarily reject them if you make a mistake.
Facebook does not advertise any type of consumer protection, and you are not supposed to use Messenger for business payments.
So, make sure of that always.
I hope you have found this article How To Accept Payment On Facebook, useful. So, you can use them right away without any hesitation.
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If you face any problem in receiving payments, just let me know in the comment section below.
Also, do share your suggestions and methods I missed in the comment section.
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