How can you configure your payment methods within Facebook Ads Manager?

Configuring payment methods within Facebook Ads Manager is a crucial step to ensure that your ad campaigns can run smoothly, and payments are processed correctly. Here’s a general guide on how to configure payment methods within Facebook Ads Manager:

Setting Up Payment Methods:

1. Access Ads Manager:
   • Log in to your Facebook Ads Manager account at https://www.facebook.com/adsmanager/.
2. Navigate to Billing:
   • In Ads Manager, click on the three horizontal lines in the top-left corner to open the menu.
   • Select “Billing.”
3. Payment Methods:
   • In the Billing section, click on “Payment Settings” or “Payment Methods.” The exact wording may vary based on your location and the version of Ads Manager.

Adding a New Payment Method:

4. Add Payment Method:
   • Click on the “Add Payment Method” button.
5. Choose Payment Method:
   • Select the type of payment method you want to add. Facebook typically supports credit/debit cards and PayPal.
6. Enter Payment Details:
   • Enter the required information for the selected payment method. This may include card number, expiration date, CVV, and billing address.
7. Save and Continue:
   • Click “Save and Continue” or a similar button to save your payment details.
8. Review and Confirm:
   • Review the entered information and confirm to save the new payment method.

Managing Existing Payment Methods:

9. View and Edit:
   • In the Payment Methods section, you can view and manage existing payment methods.
   • Click on a payment method to view details or make edits.
10. Remove Payment Method:
    • If you need to remove a payment method, you can usually find an option to do so within the Payment Methods section.

Managing Account Spending Limits:

11. Adjust Spending Limit (Optional):
    • Some advertisers may have the option to set an account spending limit to control the total amount spent on ads. This can be found in the Billing section.
12. Enter Spending Limit:
    • If applicable, you can enter the desired spending limit for your account.
13. Save Changes:
    • Save any changes you make to the spending limit.

Payment Verification (if required):

14. Verify Payment Method (if required):
    • Facebook may require you to verify your payment method by confirming a small transaction. This helps ensure the validity of the provided payment information.
15. Follow Verification Instructions:
    • If prompted, follow the on-screen instructions to complete the verification process.

Important Tips:

• Keep Payment Information Up to Date:
  • Regularly review and update your payment information to avoid disruptions in ad delivery.
• Check Billing Thresholds:
  • Be aware of the billing thresholds set by Facebook. Ad accounts may be billed when the billing threshold is reached or at the end of the billing cycle, depending on your account setup.
• Monitor Billing Notifications:
  • Keep an eye on billing notifications in Ads Manager for any important updates or issues related to your payment methods.

Keep in mind that the exact steps and options may vary based on your location, the version of Ads Manager, and any updates made by Facebook. If you encounter any issues or have specific questions, you can refer to the Facebook Help Center or contact Facebook Support for assistance.