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There are certain things you’re expected to note about your ad account on Facebook if you want to add a payment method. Here are the few things you must note or bear in mind before you add a payment method to the ad account.
1. First ensure you’re an admin of the ad account you’re working on. You’ll have to be one to manage Facebook ad account’s payment methods.
2. Next, find out if the payment method you’re trying to add is an accepted payment option for Facebook ads.
3. Lastly, if your Facebook ad account is set up for manual payments (meaning you add money to a balance on your account), you won’t be able to add a payment method in the same way that’s shown in this post. Additionally, some payment methods won’t be an available option for you to use (such as PayPal).
Read: How to update your primary PayPal payment method for use on Facebook | Step by step
Having outlined that, follow the steps listed below to add a payment method to your Facebook ad account.
How To Add a Payment Method to Your Ad Account on Facebook
To add a payment method to an ad account on Facebook, do the following;
1. Open Facebook by entering https://www.facebook.com in your browser. This will open the Facebook login page. In the login section, enter your details and click on the login button to continue to your account.
2. Go to the right corner of your Facebook homepage and click on the small triangular-shaped icon to initiate a drop-down.
3. From the drop-down menu, click on settings
4. A new page shall display. On the page, click on payments. This is located at the left column of the page.
To avoid the long procedure outlined above, just go to payment settings in your ad manager and then do the following;
5. Next, in the Payment Method section, click Add Payment Method.
6. Select the payment method you want to add, fill in your information and then click Continue. You can then follow any additional instructions to add your payment method. Once you have the above steps correctly, your payment method will saved to your account.
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Accepted Payment Options for Facebook AdsYou can pay for Facebook ads with one of the following accepted payment methods:
– Credit cards and co-branded debit cards (American Express, Discover, Mastercard and Visa)
– PayPal
– Bank account (direct debit) in supported countries
– Local manual payment methods in some countries and currencies
The payment methods available to you vary depending on the country and currency of your ad account.
How To Add a Payment Method to Your Ad Account On Facebook