Facebook users can now perform a wide range of functions on Facebook and enjoy a whole lot of services while on the platform. Facebook is no longer a platform for simply chatting with friends and sharing photos and videos; it is a whole lot more than that. Facebook payment option is yet another feature of this platform that enables users to send, receive money and pay for transactions on the platform. Facebook payment is an online payment service that allows its users to perform transactions right on the platform. Now you can send money on Facebook to your loved ones right on Facebook messenger without having to go through bank transactions to get it done. It doesn’t just end in being able to send and receive money from friends and loved ones on Facebook, now you can pay for products bought on Facebook right on the platform.
Now you can purchase products from sellers or merchants across the world on Facebook, without bothering yourself on how to make payments for the products you have purchased. Facebook payment enables you to make payments to third party for a product or service they have offered you. There are various methods to send money on the Facebook platform. You also need to link your debit card to your Facebook account to enable you to perform easier transactions on Facebook.
How to Send Money on Facebook
Now you can send money using your Facebook app. However, you need to link your debit card to your messenger app to get it done. You can also send money to friends using a Facebook gift card to fund the payment. To enjoy these services, you must be over 18 years, must also be friends with who you are sending money to. And it also works in specific countries for now like France, the United Kingdom, and the U.S. You will also need to provide funding information when using messenger for making payments for the first time and you can also update your payment methods through your payment setting.
While setting up your messenger for payment purposes, you will need to add debit card details and set up a PIN specifically for you to prevent unauthorized payment. Just follow these steps below to Send Money on Facebook to your friends or make payments:
- You will need to log into your Facebook account first to access Facebook messenger to Send Money on Facebook to friends
- Add your debit card, then tap the profile icon on your messenger app
- Then scroll down and click on PAYMENTS
- Open a chat with the person you wish to send the money to, then tap the MORE icon on your toolbar
- Tap PAYMENTS, then NEXT, bypass the info screen, and you will automatically be in the pay screen
- Enter the amount you wish to send and a brief description of payment purpose. Then click PAY, and the process is complete.
With Facebook highly encrypted message system you are quite sure that your transaction is safe unless you let it fall into the hands of scammers or hackers. Your credit card details and transactions are quite safe on messenger; security of users’ info is one crucial aspect Facebook boasts of. So, be rest assured that your transaction is secure just like it is on any other online payment platform. You have to be mindful of who you send money to and who you allow to see your details on the platform to keep your details safe. If you have any problems with your payment option on Facebook, you can visit its help center to rectify your issue.
How to Receive Money on Facebook
Once you are sent money on Facebook messenger, Facebook will send a notification to you to let you know that some money has been transferred to you. You can either choose to deny the payment or accept the payment depending on if you know the sender. If you don’t have your debit card linked to your Facebook account, you will need to provide card details to accept the payment. Afterward, the funds will be sent to the checking account linked to your debit card; it may take some days before the money will be made available to you by your bank.