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.

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.

Conclusion:-

I hope you have found this article How To Accept Payment On Facebook, useful. So, you can use them right away without any hesitation.

You May Also Like:

• How To Enable Fan Subscriptions On Facebook And Earn Money.

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.

If you like this article, do share this with your friends and family too.

Zayn Shaikh

Zayn Shaikh is a tech analyst at SortingTech.com, where he focuses on streaming, technology, and the latest methods and tricks for cord-cutting. With a Bachelor’s degree in Computer Engineering and 4 years of industry experience, Zayn is dedicated to simplifying complex tech trends and providing actionable insights. His expertise covers a broad range of topics, from emerging technologies to practical tips for enhancing your digital life. For up-to-date tech advice and facts, connect with Zayn on Instagram.

sortingtech.com

The post How To Accept Payment On Facebook (All Methods) appeared first on Sorting Tech.

This is quite a way for some recurring earnings on Facebook, with fan subscriptions, you can stream with flexibility which helps you customize your content/services you offer to your supporters and the subscription fee.

Yes, you got that right. You need to select the price of the subscription fee.

All the earning you get from here is completely depends upon your service, content and the engagement you get on your content(fan base).

After this, you just need to select the services you are going to offer to your supporters in exchange for the subscription fee they are paying.

This could be anything like supporter-only LIVE videos for feedback etc. or any promotional discounts for the products/services you are offering or for access to the exclusive content on your page.

So, if you got a good fan base for your content/service, you must enable the fan subscription feature, to do this just read the full article and follow all the steps mentioned here.

Eligibility Criteria To Enable Fan Subscription

Yes, to add become a supporter button on Facebook or before moving ahead for the main steps, you much check for eligibility.

There are few things, that you must make sure of(to avoid rejection) before applying for it.

To use the fan subscription feature, your page and content must comply with the following regulations of Facebook:-

• Fan Funding Creator Terms (know more)
• Facebook’s Monetization Standards (know more)
• Apple’s App Store Guidelines For Subscriptions (know more)

There are also some prerequisites for your page, which are mentioned below:-

• 10,000 followers or 250+ return viewers
• 50,000 post engagements (last 60 days)
• 180,000 watch minutes (last 60 days)

The fan subscription feature is available in certain regions, for now, so you must check your page eligibility on Creator Studio> Monetization.

To use fan subscriptions for your gaming streams, you must be part of the Level Up program(know more).

Now, if you are good to go, then move ahead to the next section to add become a supporter button on the Facebook page/ enable fan subscription.

So, well in this section you will find the method to enable fan subscriptions, as you are already aware of the eligibility and prerequisites.

1. Go to Creator Studio and Log in.
2. Choose the Page on which you want to enable subscriptions and click Start setup.
3. Review and agree to the Terms.
4. Set up a new Payout Account or select an existing one you have already.
5. Now, choose the benefits that you’ll offer to your subscribers apart from the Support Badge which will be available by default.
6. Choose/confirm your fan subscription’s price(can’t be modified once confirmed).
7. Then click on Save.
8. Your submission will be reviewed for compliance mentioned above.
9. If you’re approved you will be prompted to activate the subscription.
10. Click on Activate Subscriptions all your supporters will be able to subscribe immediately(Become A Supporter/Support Now button will be available)

Setting Up Payout Account

If you have not set up a payout account already you need to do it before you move ahead to the next steps.

This is to get money in your bank account or PayPal once you get any successful subscription.

Required information/documents you should have for this payout account are:-

• The legal name, address, phone number, and contact email address associated with the Page admin responsible for payouts.
• A social security number (the US only)
• An employee identification number (corporation only)
• Foreign Tax ID Number (non-US only)
• A bank account or a PayPal account

So, to do it follow the steps mentioned below:-

1. During setting up a fan subscription when prompted, fill in the information regarding your country, business type, legal name, address, phone number, email, and legal information such as your tax identification.
2. You must upload your tax form(as per your country)
3. Link your bank account in which you want to receive payments.
4. You have the option of linking a bank account or a PayPal account.
   • To link a bank account: Submit the bank’s country, routing number/sort code/Swift code, account number, and account holder’s name.
   • To link a PayPal account: submit the account’s country, associated email address, and account holder’s first and last name.

That’s it, you are done, after this move ahead for the steps to enable fan subscriptions.

In case of any issue contact the Facebook team directly and describe your issue.

Things To Know About Fan Subscription Payouts

The percentage of the revenue that you earn is dependent on how supporters pay for fan subscriptions.

For all the transactions made on the web, you’ll receive full (100%) of the price that supporters pay.

Transactions made on a mobile device through Apple (iOS) or Google (Android), you’ll only receive 70% of the price that any of your supporters pay because the mobile provider will take the remaining (30%) of the revenue for in-app purchases.

Note:- Facebook does not take a revenue share starting in August 2020 and for the next year from fan subscription.

You will receive your fan subscription payouts once a month after you cross the minimum balance of USD 100.

Funds are calculated at the end of each month and paid out approximately 30 days later, usually in the first week of the following month.

To view and manage payouts in Creator Studio go to Monetisation > Payout settings.

Note:- The 30 days payout is not applied in Vietnam.

All your earnings will be transferred to the bank account or PayPal you have provided.

If your balance for subscriptions is below USD 100 at the end of a month, it will be carried over to the next month, and once you reach the threshold it will be transferred.

Conclusion:-

I hope you get all the steps, and now will be able to apply for a fan subscription, once you have applied your application will be in the review.

Here is a little tip, during this period of review. Create your promotional and thank you videos for your subscribers in advance.

These videos are an important part of setting up your page and can help attract more supporters.

More On Facebook:-

• Simple Ways To Send Stars On Facebook.
• How To Accept Payments On Facebook.

Do not forget to share this article with others on social media platforms. Also, share your experiences in the comment section below.

Zayn Shaikh

Zayn Shaikh is a tech analyst at SortingTech.com, where he focuses on streaming, technology, and the latest methods and tricks for cord-cutting. With a Bachelor’s degree in Computer Engineering and 4 years of industry experience, Zayn is dedicated to simplifying complex tech trends and providing actionable insights. His expertise covers a broad range of topics, from emerging technologies to practical tips for enhancing your digital life. For up-to-date tech advice and facts, connect with Zayn on Instagram.

sortingtech.com

The post How To Add Become A Supporter Button On Facebook appeared first on Sorting Tech.

There is a rise in the live streamers and their audiences on social media, and the cable TV has now declined the number of users.

However, now there is an option available to watch your cable TV content anytime anywhere with WatchTVEverywhere.

But, we are here to discuss more stars first, well these stars nothing much but a type of virtual currency.

A currency which can only be used on Facebook right now, and to serve only one purpose of donations.

Many of has donated to our favorite streamers on YouTube, this is just like that. But, with a minor twist.

In Facebook, you first have to purchase these stars, and then only you can donate it to streamers.

However, there are other ways to send or receive payments on Facebook too, apart from this Facebook Stars.

Here, you will get all your answers regarding Facebook stars, so read it till the end.

You must be thinking about what is the need of buying Facebook stars to donate. Well, I say you need to because there is a slight variation in the prizes of the Facebook stars and actual money.

You can purchase more stars relatively without spending that much actual money.

And, there is also a way of getting and donating free stars, without actually spending a single penny. You will be given 100 stars as a starter pack to send to your favorite streamers.

To understand this, you need to know other things well too.

The following are a few things you wish to know before spending your money on buying Facebook stars.

How To Get Free Stars On Facebook

Facebook itself offers a free set of 100 stars to donate, without spending a single penny.

But, this may take some of your extra time and attention.

To get your first 100 Facebook stars for free, you need to wait while streaming. There will be a pop up for free 100 stars which you need to get.

On clicking, you will get your first free 100 Facebook stars for free.

How Much Is 100 Star On Facebook

When you run outs of Star, you can purchase Stars from Facebook. You need to understand Facebook stars well enough before you know How To Send Stars On Facebook.

Each star is worth $0.01. There is a conversion list below from which you can see how much is 100 stars on Facebook.

• 1 Star = $0.01
• 100 Star = $1
• 1000 Star = $10
• 10000 Star = $100
• 100000 Star = $1000
• 1000000 Star = $10000

So, for every 10,000 Stars, streamers will get $100 or PHP 5,000.

As you can see these prices are quite affordable, without putting much stress on your wallets you can purchase and donate so much.

How To Buy Stars On Facebook

If you are streaming live gameplay or anything, and wish to donate some money to the streamer. There is an option to buy stars and become a supporter.

You just need to click on BUY STARS, and select the amount you want to spend and purchase the stars, and just donate as much you can.

For becoming a supporter you need to spend some money to purchase a membership. So, by becoming a member you will be in a direct connection with the streamer, and if you want to donate just buy stars and donate.

As highlighted at the bottom of the image shown above, there is an option of “Become a Supporter” right next to Get Stars option.

Also, on the right side of the image, there is an option available to buy stars on Facebook, you can choose the denominations from the options.

If you like watching live streamings(sports apart from video games) check out- How To Get ESPN Plus On My TV. A complete guide to help you install ESPN Plus on your streaming hardware.

How To Send Stars On Facebook

There are two ways to do this, one directly from the live streaming section, and the second one from your newsfeed.

To send stars directly from the live streaming section, you need to follow the following steps:-

• Tap the star icon next to Write a comment(as shown in the image above).
• Your balance of Stars will be displayed in the top left.
• Drag the slider left or right to select the number of stars you want to send, or type a custom amount and tap Send.
• Tap Send to send your Stars.

If you want to send stars from your newsfeed, after watching a video for 5 to 10 seconds on your News Feed, you may see a pop-up in the live video.

1. Tap on a live video from your Newsfeed.
2. Tap the star icon next to Write a comment.
3. Your balance of Stars will be displayed in the top left.
4. Drag the slider left or right to select the number of stars you want to send, or type a custom amount and tap Send.
5. Tap Send to send your Stars.

This feature gives you the ability to buy and send Stars and leave a comment for the creator.

Why Can’t I Send Stars On Facebook?

This question has been asked by many, and it has a very clear cut answer.

If you are not seeing any star icon next to Write a comment, then it means that the video is not accepting stars.

You need to enroll for this star option, so there are chances that the channel you want to donate stars, not yet enrolled for it.

If you are a creator, and you are not eligible for donations, you need to do the following.

• Create a Gaming Video Creator Facebook Page.
• Stream Video gaming content for at least four hours in the last 14 days.
• Stream Video gaming content on at least two days in the last 14 days.
• Have at least 100 Page followers
• Stream from the eligible country.
• Meet Community Standards and Partner Monetisation Policies.

After following all this, you will be an eligible person to receive stars as donations.

Winding Up:-

I hope you will understand How To Send Facebook Stars While Live Streaming, quite well.

Must Read:

• How To Enable Fan Subscription On Your Facebook Page.

If you are willing to buy Facebook stars, keep in mind all the above points before spending.

Also, if you are a creator or streamer you need to understand, that you have to fit into the criteria that are, make yourself eligible.

Comment down your questions/queries in the comment section below regarding Facebook Stars.

Share it with your friends and family who is into this live streaming, gameplays, and donations.

Zayn Shaikh

Zayn Shaikh is a tech analyst at SortingTech.com, where he focuses on streaming, technology, and the latest methods and tricks for cord-cutting. With a Bachelor’s degree in Computer Engineering and 4 years of industry experience, Zayn is dedicated to simplifying complex tech trends and providing actionable insights. His expertise covers a broad range of topics, from emerging technologies to practical tips for enhancing your digital life. For up-to-date tech advice and facts, connect with Zayn on Instagram.

sortingtech.com

The post How To Send Facebook Stars While Live Streaming [UPDATED] appeared first on Sorting Tech.