The Facebook Pay name clearly stopped making sense when Facebook Inc. That business faded as mobile gaming took over and consumers got bored with clicking sheep, but Facebook Pay remained as a system for processing all sorts of commerce within Facebook's growing empire. Stephane Kasriel, the leader of Meta's financial services operation, announced that the company's retiring the Facebook Pay name in favor of Meta Pay.įacebook Pay dates back to 2009, when Facebook had ambitions to harness payments within social gaming apps like FarmVille, charging a hefty cut of transactions. You should be able to transmit as much money as your bank account allows.It's not exactly a beloved gadget like the iPod, but a workhorse of social commerce is also getting put out to pasture. Frequently Asked Questions (FAQs) What is the maximum amount of money you may pay using Facebook?įacebook’s Facebook Pay service does not specify any payment limits. You may already have accessibility to Zelle through your bank, and when both your bank and the sender’s bank use Zelle, payments pass swiftly. Because funds are transferred straight from one financial institution to another, Zelle transfers are usually completed in minutes. If you need the money right away, Zelle could be a good alternative to Facebook payments. Any future payments will be made to the connected account after you’ve done this once. To accept payments if you don’t already have a linked account, you’ll need to submit card information or your PayPal payment details. However, the money could take about three working days to reflect in your bank account. When you get a payment from Facebook, the funds are immediately sent to your associated payment card or PayPal account. Like I mentioned earlier, Facebook pay does not attract any charges, it is completely free. You can also use other social sites like WhatsApp and Instagram if you wish. There is no limit to the amount of money an individual can transfer or receive per day but there may be limitations to the minimum and maximum amount of money to be transferred per transaction. If you want to use Facebook pay to send, make orders or receive money follow the steps strictly. You are now familiar with the detailed steps. Click on Pay or Request to complete your transaction.Choose the payment method you have added to your account.Fill in the necessary information for your payment (debit card, credit card, or PayPal) You have the option to choose the way of payment you want to use.Fill in the amount of money you intend to send and an optional note, and make a choice of either REQUEST or PAY.You will have to click the money icon if you are using the desktop version of the site It is the plus sign on computers and might be an arrow if your keyboard is open. On the left-hand side of the text field, you will see a four-dotted menu, click on it.Login to your profile with your username and password and click on the person you wish to request money from or send money to start a conversation.Firstly, make sure you have a strong internet connection.To use Facebook pay, follow the steps below. It is advisable to send money first if you are using Facebook pay for the first time, this gradually increases your transaction limits. Facebook pay is very easy to use and does not charge any fees or charges on money transactions and orders made. Hence, if you do not have one, you will have to create one before you continue. How to Use Facebook Payīefore you can use the Facebook pay feature, you must own a Facebook account. When you finish signing up and choose your payment method, you can buy things easily and exchange money with recipients from any of their apps. That means it is not available for all Facebook users depending on your country of residence. It is important to note that only some countries can make use of Facebook pay. So you can use it on any of your most preferred platforms to buy things online like games, event tickets, other things from the Facebook marketplace, raise funds for people, or send money to people.Īlso see: Facebook Marketplace Review – Marketplace Guide | Marketplace Facebook Near Me Presently Facebook pay works on Facebook, WhatsApp, Instagram, and Messenger. In this article, what I will be doing, is to show you exactly how Facebook pay works, and how to use Facebook pay. However, one major advantage of Facebook pay over other payment methods is that you can use it on other platforms like WhatsApp, Messenger, and Instagram. No doubt, there are different methods to make payments online. Facebook pay was introduced on November 12, 2019.
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