Do you know How To Use Facebook Pay? The company offers a payment system called Facebook Pay, which lets users send money to friends, shop for good, and even donate. This service is different from Facebook’s Calibra and Libra efforts.
It is built on existing financial infrastructure and partnerships according to Facebook. It is using Stripe, PayPal, and other processors to handle the payment system.
Facebook Pay | What is Facebook Pay?
It is designed to facilitate payment across Facebook, Messenger, Instagram, and WhatsApp. According to Facebook, it is part of “ongoing work to make commerce more convenient, accessible, and secure” for its users.
It was initially made available for fundraisers, person-to-person payments, tickets purchases, in-game purchases from pages and businesses on Marketplace. Now it has been completely integrated with Instagram and Messenger, in supported countries, and WhatsApp support is rolling out.
How does Facebook Pay work?
It is designed to be as simple as possible, so getting started does not require any additional apps. And you can use it directly in the app you want to use.
You can access this platform in the settings section on Facebook, Messenger, and Instagram apps. Once you have added a payment method, money can be sent and received easily among friends, and make a purchase or donate to a cause.
Facebook Pay on Facebook
- Launch the Facebook app or go to facebook.com
- Sign in to your account
- Go to settings, then select Facebook Pay
- Add a payment method
Facebook Pay on Instagram
- Launch the Instagram platform either on the app or the website instagram.com
- Sign in to your account
- Tap on your profile icon at the bottom right of the page
- Click on more (three horizontal lines)
- Select Orders and payments
- Then choose Payment settings
- And add a payment method
And that’s it.
Payment Methods Supported
It supports most debit and credit cards, and also PayPal in supported countries.
Where is Facebook Pay Available?
Facebook Pay is available in countries across Africa, Asia-Pacific, Europe Latin America and the Caribbean, the Middle East, and North America. While most countries support the Facebook app payment method, support for WhatsApp, Instagram, and Messenger is rolling out gradually.
Business Facebook Pay
This method can also be used by businesses at no cost. It can be most advantageous to small businesses that may only have an online storefront as it is convenient and there is no fee.
This feature can be used for more than mere shopping, it can also be used to send money over Facebook Messenger securely. Users can donate to charity campaigns. It can also be a method of payment for more exclusive games and events that comes up on news feed.