Today we’re introducing Facebook Pay, which will provide people with a convenient, secure and consistent payment experience across Facebook, Messenger, Instagram and WhatsApp. People already use payments across our apps to shop, donate to causes and send money to each other. Facebook Pay will make these transactions easier while continuing to ensure your payment information is secure and protected. With
Facebook Pay you can: Facebook Pay will begin rolling out on Facebook and Messenger this week in the US for fundraisers, in-game purchases, event tickets, person-to-person payments on Messenger and
purchases from select Pages and businesses on Facebook Marketplace. And over time, we plan to bring Facebook Pay to more people and places, including for use across Instagram and WhatsApp. You can start using Facebook Pay on Facebook or Messenger with just a few taps: Once Facebook Pay is available on WhatsApp and Instagram, you’ll be able to set it up directly within each app. Facebook Pay supports most major credit and debit cards as well as PayPal. Payments are processed in partnership with companies like PayPal, Stripe and others around the world. Facebook Pay is
built on existing financial infrastructure and partnerships, and is separate from the Calibra wallet which will run on the Libra network. (Update on December 1, 2020 at 6:05AM PT: Calibra is now called Novi, and Libra is now called Diem.) Security and Protection for PaymentsFacebook has offered trusted payment experiences since 2007, and we’ve processed more than $2 billion in donations alone since we launched our first fundraising tools in 2015. With Facebook Pay, we’re continuing to invest in security. We designed Facebook Pay to securely store and encrypt your card and bank account numbers, perform anti-fraud monitoring on our systems to detect unauthorized activity and provide notifications for account activity. You can also add a PIN or use your device biometrics, such as touch or face ID recognition, for an extra layer of security when sending money or making a payment. Facebook does not receive or store your device’s biometric information. Learn more about Facebook Pay privacy. What’s NextFacebook Pay is part of our ongoing work to make commerce more convenient, accessible and secure for people on our apps. And in doing so, we believe we can help businesses grow and empower people everywhere to buy and sell things online. We’ll continue to develop Facebook Pay and look for ways to make it even more valuable for people on our apps. For more information, visit pay.facebook.com. Deciding where to sell your stuff to make more money can be overwhelming, but you can use an app you already have to declutter your home. Facebook Marketplace works like apps such as Craigslist, Mercari and OfferUp. You can list practically anything right from your Facebook profile on a computer or mobile device: items you no longer have use for, vehicles for sale, rental properties — even a job for hire. In this article, we’re going to take you through the steps to get started making extra cash with Facebook Marketplace. Step 1: Access Facebook MarketplaceYou can get to Facebook Marketplace from your smartphone or desktop. Just click the storefront icon to the left on your News Feed, or go directly to Facebook.com/marketplace.  Step 2: Post Your ItemClick “Create New Listing” on the left side of your screen. Then choose the general category where your post belongs. After that, fill in the item details, including the specific category, price, location, description and pictures of the item. I listed a pair of shoes for $15 and waited for a message. If you don’t know how to price an item, research the competition by searching Facebook Marketplace to see what other people are asking. Buyers on Facebook Marketplace will often try to haggle with you to get a lower price, so keep that in mind. If you are listing multiple items on a single post, setting the official post price at $1 and adding more details on individual pictures may attract potential buyers. Important: Before you take pictures of the item you’re selling, you should clean it up to make it more appealing! Step 3: Wait for BuyersI waited a day and a half before I received any messages about my listing. After about a day, I lowered the price of the shoes I posted from $15 to $10 in an attempt to attract more interest. Keep in mind that interested people will contact you via Facebook Messenger and comments, so check your account regularly to respond to prospective buyers quickly. Facebook organizes the messages about your items under each post in the “Your Listings” section. You can widen the area where you want to sell or join local exchange groups if you want more people to see your listing. You may have to travel a little farther to meet a buyer, so keep your transportation costs in mind when broadening your post area. Another way to get more people to see your wares is to list them on multiple platforms like Mercari, Craigslist and OfferUp. Doing this increases the chances of someone seeing your item and getting it sold more quickly. If your post still isn’t attracting buyers, you can boost your post by making it an advertisement. Boosting a post is probably worth it only if you are selling a high-value item or many items that you’ve grouped together in a single listing. To boost your post, set your budget, add the amount of time you want the ad to run, then pay Facebook. Facebook accepts credit, debit and PayPal, but it also gives you the option to link a bank account directly. Step 4: Arrange the SaleFacebook doesn’t handle transactions, so you don’t pay a fee like you would on eBay. This means that you have to arrange payment with the buyer. Facebook recommends PayPal or cash, but you can also use another person-to-person payment method like Venmo or Cash App. Whatever you choose, make sure that you communicate how you’d like to be paid with the buyer before you meet them. Safety is another consideration when meeting someone to sell an item. Bringing someone with you and completing the transaction in a public area with people around are both recommended. Facebook has a list of tips for safely buying and selling on their marketplace here. Step 5: Mark It Sold!This step is simple! Once you sell your item, click the “Mark as Sold” button so that people know it’s off the market. Have you used Facebook Marketplace or another platform to sell your stuff? Let us know in the comments below! Other Clark.com Articles You May Like:
Is it safe to use credit card on Marketplace?Here are five suggestions for ensuring your Facebook Marketplace experience is a good and secure one: Use a credit card or secure electronic payment service for all transactions. The Marketplace doesn't have any built-in payment mechanism, so you have to arrange payments directly with the other party in a transaction.
What is the best method of payment for Facebook Marketplace?Don't transfer money directly into a seller's bank account. Instead, offer to use a secure person-to-person payment site, such as PayPal or sending and receiving money in Messenger.
How do I accept credit cards on Facebook Marketplace?Facebook for iOS: Tap then tap Settings, and then tap Payments. Facebook for Android: Tap then tap Payment Settings. Tap New Credit or Debit Card to add a payment method to your account.
How do I get payment from Facebook Marketplace?The payout goes to the bank account that you entered when you set up shipping. The exact timing of the payment depends on your bank. You can check the date of your next payout in the Your sales section of Marketplace. Learn how to check your balance, payouts, sales history, or date of your next payout on Marketplace.
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Can you use credit card on Facebook Marketplace
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