Today, the rise of social networks is great when it comes to promoting a service or applying effective digital marketing strategies for companies. For this reason, thousands of people use the Facebook MarketPlace as a mechanism that attracts potential users who generate conversions for the benefit of a certain brand.
As if that were not enough, there is now an incredible tool that involves the different payment and transaction systems on the market. It’s about Facebook Pay and it will help you sell and receive money from the comfort of your home, without significant risks. So, pay close attention because in this article we will indicate the aspects that you should consider before starting to use it.
Index( )
- Benefits that Facebook Pay provides to companies
- Website Payments
- Make payments on Instagram and Facebook
- Possibility to pay in messaging applications
- It is faster to complete payments
- Security in all payments made
- How to use Facebook Pay in my company for the first time?
- Details of the person in charge of the business
- Country where you live and company data
- User’s bank account
- IRS tax form
Benefits that Facebook Pay provides to companies
When it comes to online wallets, Facebook Pay is one of the options that includes local regulated systems in the way PayPal does. Making payments in the applications of such a company will bring a series of advantages for you as the owner of a certain electronic commerce. That is why we have prepared the following section so that you can take advantage of each and every one of its features.
Website Payments
Imagine that your business requires paying a third party in Messenger or that you need to purchase a game or ticket of interest . When implementing Facebook Pay , it is valid to execute purchases in any of the applications that come from the company. For this reason, it will be easy for you to go to certain web pages in order to have their services.
At the same time, in Facebook Pay you can select the payment method with which you feel more confident. Either by credit card or with platforms like PayPal. The best thing is that if your company is part of this community, it will be able to convey its image to the public more effectively and will improve the perception they have regarding the brand.
Make payments on Instagram and Facebook
If you want to get the most powerful means of communication in your business, you cannot miss the payments that are carried out with this platform . In the particular scenario of Instagram, users have the opportunity to donate or purchase the items that you advertise. As you can see, it is a very good marketing strategy. Despite this, Facebook Pay has not yet come to light on such a site.
Similarly , it happens with the same Facebook server . If you’re already part of their market, you’ll be able to promote your company’s products and get people to pay you with Facebook Pay. The process is very simple and that is what makes it such an innovative payment mechanism that most people want to participate in.
Possibility to pay in messaging applications
Now, with Facebook Pay it is also possible to make transactions in apps like WhatsApp and even Messenger. You know that these are instant messaging platforms and for the same reason, you can send money to the contact of your choice. A unique alternative that will make your business life much easier by letting them locate you through those channels.
Since repeat customers will choose to pay you directly once they have your business phone number. A great factor if you work online frequently and want to avoid more complex processes when selling the merchandise that characterizes your trademark.
It is faster to complete payments
Another of the great benefits that Facebook Pay gives to companies is the speed in making successful sales . As soon as you start enjoying such services, you will notice that the transactions go out immediately and in a matter of a couple of seconds, the funds will fall into your account. All this, safely and with a versatility that has little to envy the competition.
Keep in mind that Facebook’s online payment system is unique and as soon as you configure the app, you will receive person-to-person transfers, either from your mobile or PC. In the event that you are interested in being a buyer, nothing happens because it is also opportune for you to look for articles in the MarketPlace, make donations to the NGO or find tickets to the events of your liking.
Security in all payments made
We cannot fail to mention the strict validation rules that Facebook Pay has for its users. As a first point, you should know that each time a payment is made, the platform will request an authorization with the individual’s fingerprint or face.
Still, we recommend setting up 2-Step Verification if you’re interested in a faster process. Likewise, the app has privacy clauses in each of the accounts created by the companies.
This aspect makes it characterized by offering a unified service where it is possible to configure the most relevant data. Whether in credit cards, debit cards or the Stripe and PayPal system. You will have no doubt that this is a very safe service.
How to use Facebook Pay in my company for the first time?
Facebook Pay is one of the most effective ways for your business to promote itself and receive payments in any of the associated apps . If you are still a novice, do not worry because here are a series of tips that will be very useful for you.
Take note and make this payment method one of your favorites. If you want you can download Facebook Marketplace and in this way, sell and buy easily from your mobile .
Details of the person in charge of the business
It is likely that you are wondering what is the essential information that you must include when using such a famous application if you are the owner of a company. Therefore, it is valuable that you provide your full names, contact numbers, citizenship card and nationality. In the case of being an entrepreneur under 18 years of age, you will need authorization from a guardian.
And it is that in Facebook Pay, anyone is able to synchronize their business profile as long as they are affiliated with a bank . Of course, it is also valid to have a PayPal account verified accordingly.
Country where you live and company data
Another factor that you cannot ignore when using Facebook Pay is to add the location where you currently reside. As well as, the general identification of your company where the most relevant products, services and characteristics are reflected. It is not that the platform requires a specific explanation, so you should not worry.
You will only have to attach simple information that will provide the platform with more details regarding the transactions that are carried out . Do not forget that you must always check the amount and the inclusion of taxes when sending your products. Without omitting, the shipping rates that are requested through online parcel services.
User’s bank account
It is not a secret that when making use of Facebook Pay, it is essential that entrepreneurs have an account with any bank and stable Internet access . So, the entity does not matter as long as it is an accepted option in your country. Remember that, when executing the transactions, there should be no inconveniences of any kind.
Además, es relevante que al administrar los métodos de consumo de tu cuenta en Facebook Pay, seas el dueño de dicha cuenta. Y en todo caso, te hagas responsable de las cuotas automáticas que se llevarán a cabo por este medio. Por tal motivo, debes ser cauteloso al proporcionar el número de tu tarjeta de débito o crédito.
Formulario fiscal del IRS
Con este punto, nos referimos a un requisito que se solicita a la gran mayoría de empresas que forman parte del país. Desde acá, el IRS refleja el cálculo de los impuestos que los autónomos están en el deber de desembolsar dinero cada cierto periodo de tiempo. También, aplica para el personal que trabaja con contratistas independientes.
Thus, as soon as you register and start using Facebook Pay, you will have to provide the form that is also called an identification number request . The best thing about it is that the online signature is a very simple procedure that will not take many minutes of your time. Above all, under the electronic modality to which its conditions are currently subject.
