Facebook Pay is a payment service integrated into Facebook that allows users to send and receive money. It provides a convenient way for people to pay each other directly on Facebook without having to use a separate app or go off platform. Here is a guide on how to accept money sent to you through Facebook Pay:
Set Up Facebook Pay
To start receiving money on Facebook Pay, you first need to set up the payment service:
- Go to the Facebook Pay settings page on desktop or in the Facebook app menu on mobile
- Choose to set up Facebook Pay
- Select a payment method – you can use your Facebook Pay balance, debit card, credit card, or PayPal account
- Follow the prompts to add your selected payment method
- Agree to Facebook’s terms of service for payments
Once Facebook Pay is enabled with a payment method, you’ll be ready to receive funds.
Receive Money
There are a couple ways people can send you money on Facebook Pay:
Person-to-Person Payments
Users can send personal payments directly to your profile if they have your phone number or Facebook profile link. Here is how to accept person-to-person payments:
- When someone sends you money, you’ll get a notification on Facebook
- Open the notification or go to your Facebook Pay activity page
- Review the payment details and select Accept to receive the funds
- The money will be deposited into your selected Facebook Pay payment method
Payments for Buying/Selling
You can also accept Facebook Pay for buying and selling items through Marketplace, Fundraisers, and other commerce experiences. To accept these payments:
- When sending or requesting money for an item, select Facebook Pay as the payment method
- Upon the buyer agreeing to purchase, you’ll receive a notification that you got paid
- Go to your Facebook Pay activity page to review and accept the payment
- The funds will be added to your chosen payment method once accepted
Payment Methods
Money you receive through Facebook Pay can be deposited to your:
- Facebook Pay balance – This holds funds you can use for payments on Facebook
- Debit card – Money is deposited into your linked bank account
- Credit card – Funds are credited to your card balance
- PayPal – Transfers are made to your PayPal account
Here are some things to note about payment methods:
- You can only have one active payment method at a time
- To change it, go to your Facebook Pay settings
- Facebook Pay balances have no fees but have transfer limits
- Debit cards, credit cards, and PayPal may have associated fees imposed by those providers
Transaction History
You can view your full history of money received and sent through Facebook Pay by:
- Going to your Facebook Pay activity page from the app menu
- Reviewing your transaction history sorted by date
- Clicking any transaction to see additional details
This allows you to track funds you’ve received and also monitor any payments you’ve sent. Your transaction history will show:
- Name of sender/recipient
- Date of transaction
- Amount transferred
- Status (pending, completed, canceled, etc)
Payment Notifications
Whenever you receive a new payment through Facebook Pay, you’ll get notified via:
- A popup notification on Facebook
- An email sent to your Facebook email address
- A push notification on your mobile device if you have the Facebook app installed
This helps ensure you don’t miss messages that you’ve received money. You’ll also get notified when money is deposited into your payment method.
Accepting Money from Strangers
If someone you don’t know tries to send you money on Facebook, you should be cautious before accepting the payment. Here are some tips:
- Make sure you know and fully trust the person before accepting money from them
- Don’t accept payments from people you don’t know – it could be a scam
- Look out for suspicious or vague payment notes
- Don’t provide sensitive information like passwords to strangers
- You can report shady payments to Facebook within the transaction details
Payment Errors and Issues
If you run into any problems receiving money through Facebook Pay, here are some steps to take:
- Check for error or pending payment notifications – this may explain why a payment is not going through
- Make sure your payment method details are up to date
- Contact the sender to ensure the payment was sent properly on their end
- Try having the sender resend the payment
- Restart the Facebook app or log out and back in to reset
- Get in touch with Facebook Pay support for additional help
Security and Privacy
Facebook Pay takes measures to keep your transactions secure, including:
- Using encryption to protect payment info
- Obscuring account numbers
- Requiring passwords or PINs to access payments
- Enabling two-factor authentication for added security
However, it’s still important to take steps to keep your Facebook account safe, like using strong passwords, being cautious of suspicious links, and securing your devices. Facebook Pay activity is kept private between you and those you transact with.
Customer Support
If you need help with Facebook Pay as a recipient, here are some customer support options:
- Check the Facebook Pay help center for FAQs, guides, and troubleshooting
- Report specific payment issues from the transaction details
- Use the Facebook Pay Facebook community to ask for help
- Contact Facebook Pay support via email if needed
Support can assist with payment problems, account issues, errors, or other questions you may have about accepting money through Facebook Pay.
Conclusion
Accepting payments through Facebook Pay simply requires setting up a payment method, receiving funds from other users, and accepting the transactions. It provides a quick and easy way for people to send you money on Facebook without fees or third-party apps. Be sure to review transaction histories, watch for notifications, and exercise caution when receiving money from strangers. Contact Facebook Pay customer support if you encounter any troubles with receiving payments.