Payment methods in the last decade have completely changed the way we acquire products. What used to be charges in foreign currency and debit cards , today extends to various ways of canceling an item or service.
It currently has several virtual wallets to carry out operations and even more so if you have a company. Using Facebook Pay is one of the most recent to consider. But since it is something new, you may not have much knowledge about it. Therefore, we will give you all the necessary information shortly.
What is FACEBOOK PAY, what is it for and how to activate it? – Aplication of payment
Index( )
- What is ‘Facebook Pay’ and what is it for?
- Where is Facebook Pay available?
- How to easily use Facebook Pay on my account?
- Accepted payment methods
- Payments for donations
- Is it possible to use ‘stars’ as a payment method?
What is ‘Facebook Pay’ and what is it for?
It is a digital wallet created by Meta and is still in beta version. Therefore, it is a modality that is not available for all countries. Thanks to it, you can make payments through the different Meta platforms.
Among the options that this allows you, you will find the possibility of selecting the payment methods. That is, you have the option to cancel with a credit or debit card or associate a PayPal account .
As for the things you can do this are:
- Pay for digital marketing campaigns, whether they are focused on Facebook or Instagram.
- You have the possibility to buy tickets to important events
- You can make donations to charity
- On Facebook you can enjoy Premium contentif you pay for it.
- It will be much easier for you to promotea fan page on Facebook.
- As for apps like WhatsApp and Messenger, you have the option to send and receive money. In fact, it does not matter or it is not necessary that the user is registered among your contacts.
Where is Facebook Pay available?
Because it is a new modality, it is not yet operational worldwide. If we focus on those Spanish-speaking places, only 38 countries in the Americas have Facebook Pay enabled.
It is vital to mention that in the case of Brazil, such a function is being tested, especially with regard to payments via WhatsApp . Now, something curious happens with Mexico and it is that the tool is not at its maximum potential.
By this we mean that Facebook Pay is not working at 100% capacity . In fact, such a problem occurs on both Instagram and WhatsApp. So it is possible that electronic commerce in that country is hampered by this.
To finish, keep in mind that this wallet is not only used when making payments and receiving money through the different apps. You can also use it to manage user settings , as well as keep complete control of payment history. The curious thing about Facebook Pay is that it offers a chat advisory system that is still in the process of being improved.
How to easily use Facebook Pay on my account?
If by chance you are one of those lucky people who lives in a country where such a tool is available, do not hesitate to use it. In fact, all those who own a business are recommended to start using it.
The main reason why we make this recommendation is because Facebook and WhatsApp are the most used apps so far. Therefore, when implementing a digital marketing strategy or advertising campaign, it will be more comfortable for you quickly if you are using Facebook Pay.
Now, in order to use this tool, you need to know how to activate it. The process you must follow is as follows:
- You can open the Facebook page from your computer or do it through the app.
- You are going to go to the menu and there select Account Settings.
- Locate the Facebook Pay option
- You will be shown a series of options that you have to configure. Here you will choose what your payment method will be.
- Please note that depending on your country of residence, Facebook Pay may be enabled, but some payment methods may not be available to you.
- By default you can add a credit card,debit card or associate a PayPal account.
- After you finish with the configuration, proceed to make a payment test of any service. In case you have any problems, you can go to the official Facebook Pay pageand find the information you need there.
Accepted payment methods
The current ones are only three: Credit cards , debit cards and PayPal. In any case, it does not hurt to enter the payment section of your account and check if you have another option enabled. Remember that not all countries can pay with debit or credit cards.
Now, one aspect that will surely interest you is that when it comes to games, the platform accepts just over 80 different cancellation methods. Among them are the typical and mentioned ones, gift cards , mobile payments, Mastercard, among others.
Payments for donations
In this situation, the possibilities are a little smaller, because the tool only takes into account credit cards originating from American Express, Discover, Visa, among others. Since they are exclusive for donations and not for e-commerce, the chances are very slim.
Is it possible to use ‘stars’ as a payment method?
Finally, there is what is known as the stars to make payments on Facebook. However, it is not something exclusive or something new, since it was already being implemented in the Streams.
The idea is that it is the users who provide stars to those who create content. It is a kind of donation in which each star has a value. This payment method can only be used on streams . Of course, for this, the user is required to buy a lot of stars, either with a credit card linked to the App Store or Play Store.