Facebook offers several different payment methods that users can utilize to purchase ads, games, subscriptions, and other services on the platform. The company accepts both online payment methods like credit cards and PayPal as well as more traditional offline options like checks and money orders.
Credit and Debit Cards
One of the most popular payment methods accepted by Facebook is credit and debit cards. This includes major card networks like Visa, Mastercard, American Express, and Discover. Users can enter their card details directly on Facebook to make purchases or set up recurring payments.
Some key advantages of using credit or debit cards on Facebook include:
- Instant payments – Transactions are processed quickly
- Flexible spending – Users only pay for what they purchase
- Rewards – Customers can earn rewards points, cash back, or miles depending on their card program
- Wide acceptance – Major card brands are accepted by Facebook
However, there are a couple disadvantages to keep in mind:
- Interest charges – Credit cards may incur interest if not paid off in full
- Potential fraud – Stolen card numbers could lead to unauthorized charges
Overall, credit and debit cards provide a fast, flexible way for most Facebook users to make purchases through the platform. Just be sure to monitor statements regularly for any unauthorized activity.
PayPal
In addition to direct credit card payments, Facebook also accepts PayPal. Users can connect their PayPal account to fund transactions for ads, games, or other services purchased on Facebook.
PayPal offers a few key benefits as a payment method on Facebook:
- Established account – No need to re-enter card details if you already have a PayPal account
- Additional protection – PayPal offers buyer protection from unauthorized charges
- Funding sources – PayPal can pull funds from bank accounts, credit cards, or existing balances
- Digital wallet – PayPal can store payment information for faster future checkouts
The main downside to keep in mind with PayPal is that it requires having an existing account with sufficient funds. For new users or those without a PayPal account, creating one adds an extra step before making Facebook purchases. But for frequent Facebook users who already utilize PayPal, it can be a convenient online payment option.
Facebook Gift Cards
For those who prefer not to connect bank accounts or credit cards to their Facebook account, gift cards offer a solid alternative payment method. Facebook allows users to redeem gift card codes to add funds which can then be used to purchase products or services.
Gift cards offer certain advantages on Facebook:
- Added security – No bank or credit card details need to be provided
- Convenience – Physical or digital gift cards can be purchased from various retailers
- Budgeting – Users can only spend the amount loaded onto the gift card
- Gifting – Gift cards make it easy to let others make purchases on Facebook
The tradeoff is that users need to purchase the gift cards upfront before making Facebook transactions. So it requires planning ahead rather than being able to make spontaneous purchases directly through other payment methods. But for certain users who prefer limiting payment details, gift cards are a viable Facebook payment option.
Facebook Credits
Facebook Credits are a digital currency that was previously used on the social network. Though Credits are no longer being issued, existing Credits balances can still be used for purchases on Facebook. Any users who acquired Credits in the past can redeem their remaining balances on the platform.
Here are some key facts about Facebook Credits:
- Introduced in 2007 as an online gaming currency on Facebook
- Expanded over time to allow purchases of digital goods and services
- Phased out starting in 2012 when Facebook began supporting direct payments
- No longer issued but existing Credits remain valid indefinitely
- 1 U.S. dollar equaled 10 Facebook Credits historically
For those who still have Credits balances, it essentially functions similarly to a Facebook gift card. The amount of existing Credits can be used for purchases on the platform. But since Credits are no longer available, the payment method is limited to leftover balances rather than new funds being added.
Checks and Money Orders
For users who prefer more traditional offline payment methods, Facebook does accept both checks and money orders. These can be mailed in to make one-time payments or set up recurring billing for purchases on Facebook.
Checks and money orders offer some unique advantages as payment options:
- No fees – Avoid credit card interest and PayPal transaction fees
- Simplicity – Basic and familiar payment methods for those not comfortable with online payments
- Control – Users retain full control over when payments are sent
- Paper trail – Physical proof of payments made for record keeping
The clear disadvantage relative to online payments is the slower processing time for checks or money orders sent by mail. There is also the risk of payments being lost or delayed in transit. So customers need to account for a week or more for mailed payments to be received and processed by Facebook.
But for certain users who are not comfortable linking bank accounts or cards online, physical checks and money orders allow making Facebook payments the “old fashioned” way.
Payment Methods Available for Different Facebook Services
Facebook allows users to purchase a variety of products and services on its platform. However, not all payment methods can be used for every type of Facebook transaction. Here is a breakdown of which payment options are available for different Facebook purchases:
Advertising and Boosted Posts
- Credit/debit cards
- PayPal
- Gift cards
- Existing Credits balances
Advertisers can use any online payment method to purchase Facebook ads or boost posts. Offline options like checks are not accepted.
Game Purchases
- Credit/debit cards
- PayPal
- Gift cards
- Existing Credits balances
Facebook’s online gaming platforms like Facebook Gaming allow using the major online payment methods to make in-game purchases and subscriptions.
Oculus VR Headsets
- Credit/debit cards
- PayPal
- Gift cards
Oculus VR headsets and accessories can be purchased through Facebook with the major online payment options.
Subscriptions
- Credit/debit cards
- PayPal
- Recurring checks or money orders for some products
Recurring subscriptions for premium services generally require an online payment method. But subscriptions to some products, like ad accounts, can be paid with regularly scheduled checks or money orders.
Peer-to-Peer Payments
- Credit/debit cards
- PayPal
- Does not support checks, money orders, gift cards, or Credits
Facebook Pay only works with direct credit card or PayPal payments for person-to-person transactions.
So in summary, credit cards and PayPal tend to have the broadest support across all types of Facebook payments. Gift cards and existing Credits can also be used for digital purchases. And checks or money orders allow some recurring subscription payments for select products.
Tips for Managing Facebook Payments
Here are some helpful tips for managing payments on Facebook:
Enable Two-Factor Authentication
For added security, make sure two-factor authentication is enabled on your Facebook account. This requires entering a unique login code from your mobile device when accessing Facebook from a new browser. It prevents unauthorized access if your password is compromised.
Remove Saved Payment Methods
If you make infrequent Facebook purchases, remove saved credit cards or PayPal accounts when not in use. This prevents charges from being made without your knowledge by an unauthorized user.
Use Strong Passwords
Always utilize strong, unique passwords for your Facebook account and any connected payment methods. Avoid reusing passwords across multiple accounts.
Review Statements and Notifications
Carefully review bank and credit card statements as well as notifications from Facebook to identify any unauthorized or fraudulent charges promptly. Report any suspicious activity immediately.
Limit Payment Methods
Consider using gift cards or Credits for Facebook purchases instead of directly linking bank accounts or credit cards. This reduces payment details saved in your account which could be accessed by bad actors.
Monitor Minor Accounts
Closely oversee Facebook payment methods connected to accounts for children or teens to prevent unauthorized purchases. Consider limiting their access to payment features.
Use Ad Budgets
When running Facebook ad campaigns, make use of ad budgets to cap spending at a set amount to avoid overspending. Review campaign performance regularly.
Ask for Help
Don’t hesitate to contact Facebook customer support if you need help managing payments or notice any issues with transactions. They can help resolve problems and process any needed refunds.
The Bottom Line
Facebook offers users several flexible online and offline payment methods to fund purchases on its platforms. Credit cards, PayPal, gift cards, and existing Credits balances can provide quick and convenient ways to pay for most digital services. Checks and money orders also allow recurring payments for some subscription services for those who prefer traditional offline payments.
No single payment method is necessarily better than others. Choose options based on your preferences for security, convenience, account linking, fees, transaction speed, and other factors. Just make sure to use strong account security, monitor transaction activity, set budgets for ad spending, and leverage Facebook support if any issues arise. With smart management, Facebook’s payment options allow users to safely and easily fund activities across its apps and services.
Frequently Asked Questions
Can I use cash to make purchases on Facebook?
No, Facebook does not accept cash payments directly. All payments must be made through credit/debit cards, PayPal, gift cards, existing Credits balances, checks, or money orders.
Does Facebook accept payment through cryptocurrencies?
No, cryptocurrencies like Bitcoin are not currently accepted as a payment method on Facebook. All payments must be made using traditional currency and payment methods.
Can I use an international or foreign credit card to pay Facebook?
Yes, Facebook accepts international cards from major providers like Visa and Mastercard as long as the card was issued by an eligible bank. Users can make purchases in supported currencies.
Are Facebook payments protected against fraud?
Facebook payments utilize security protections offered by providers like banks and PayPal. But users should enable two-factor authentication, use strong passwords, monitor statements, and report unauthorized charges to limit fraud risk.
Can I get a refund for purchases made accidentally on Facebook?
In some cases Facebook may issue refunds for accidental or unauthorized purchases through its Help Center. However, users should take precautions like removing saved payments methods to prevent accidental charges.