How to send money by Facebook Pay?

The need to transfer money to another user has become indispensable in recent years. Because of this, a large number of tools and platforms have appeared for this purpose. There are those who still wonder what is the best option, if Facebook Pay vs Google Pay .

Today we will focus on the first alternative mentioned. Today it is widely accepted by people, without forgetting that it is enabled in many Latin American countries .

How to send money by FACEBOOK PAY? – User guide

Index( )

  1. How to set up payments in Facebook Pay?
  2. What do I need to do to collect Facebook Pay shipments?
  3. How to activate Facebook Pay fast and easy?
    1. Does Facebook Pay charge commission?

How to set up payments in Facebook Pay?

This topic not only covers the types of payments that you will accept in the future, but also adding pages that you intend to monetize, as well as strengthening the security of it. It is based on these aspects that it is vital for everyone to have a registered business. This setting needs to be enabled to get monthly billing.

In any case, in the Meta help service you will find detailed information on this topic. A fact that you should consider and that is vital, is to have the access as a financial editor, to be more precise, of a commercial administrator.

Now, the starting point that you must implement is the activation of Facebook Pay . This process has 6 steps which are as follows:

  1. You can open the Facebook page or go to the app. If you are logged in, go to the next step, otherwise create a new account.
  2. Now go to the menu on the right of the screen.
  3. There you will choose the option ‘Account settings’.
  4. Locate ‘Facebook Pay’ and you will run it.
  5. It is time to move on to the configuration of payment methods. Here you can set up a credit or debit card. In case you have a PayPal account, you can also enter it.
  6. Once you finish, you will be able to send or receive money. You can achieve this through an icon that will be enabled for you. You can find it as Payments or Payments.

Keep in mind that this payment method will allow you to send and/or receive money. But it will also make it easier for you to promote advertising campaigns.

In this way, all electronic commerce will be more efficient and faster, very different from having to opt for applications and transactions with third parties. It must be recognized that  Facebook Pay for companies or personal business is an excellent option to consider.

In theory this would be all that is needed to modify a Facebook Pay account . However, it is not all that it provides. It should be said that it is possible to view the payment history, what the current balance is and even place a security pin in order to keep your data and money protected.

An aspect that cannot go unnoticed is the fact of being able to configure what the shipping address will be . Facebook Pay gives you the ability to choose which currency you will use for your transactions.

What do I need to do to collect Facebook Pay shipments?

Generally, people who use this Meta tool are advised to have a setup such that billing is monthly. In this way, problems are reduced to a minimum and you will have better control of your transactions. Assuming that is the case, you have to do the following:

  1. You need to go to the business manager page.
  2. Now locate a section called ‘ Now you can request monthly billing’.
  3. After you click there, you’re going to click ‘Start’.
  4. You will be asked to enter a series of data. You must fill in the form in those fields that require mandatory information.
  5. Now you have to attach a legal file. This can be a tax document or, failing that, a company record, signed and stamped.

Please note that this process can be done not only from the Business Manager home page, but also through the Payment Methods section . Social networks like this one give you alternatives in case any of these fails.

How to activate Facebook Pay fast and easy?

To speed up the purchase and sale through the platform, all you have to do is log into your account, go to its configuration. You must find the Facebook Pay option and verify that it is available for your country. It may be, but you can’t add credit or debit cards. If this is the case, you will only be able to add PayPal as a payment method .

Does Facebook Pay charge commission?

This platform does not retain any commission. The only case where it does is when PayPal is used as the payment method. Of the rest, you will be free to pay additional.