How To Link PayPal And Facebook Ad – Wondering How You Can Connect Your PayPal To Your Facebook Ad Account? Look No Further, All You Need To Know About PayPal And Facebook Ad Account Linking Is Here Just At Your Finger Tips.
What Is PayPal?
PayPal is a financial online payments company, which allows people to send and receive money from others. PayPal was one of the original web payments companies and was purchased by eBay in 2002. In 2015, PayPal was drawn out from eBay and today remains a separate, publicly traded company. PayPal is free and fast to set up and easy to link to a bank account, debit card, or credit card in order to send money to others.
In order to start sending and transferring money via PayPal, you will need to first set up a PayPal account, to set up an account with PayPal is free and only requires an email address and some basic information. Once you have a PayPal account, you can send and receive money from anyone with a PayPal account, it is free to send money to family and friends. PayPal will only charge a small processing fee if you use it to send money as part of a business transaction.
One of the most common uses of PayPal currently is to pay for wins in eBay auctions, while it’s not required to pay for your eBay auction with PayPal, because of the relationship between the two companies, it is a common usage of PayPal. PayPal also bought Venom, another online payment service in 2013, this means that regardless of whether you use PayPal or Venom, your online payment is being processed by the same company.
Paypal Credit
PayPal Credit is billed as a recurrent credit line, which you can use to access through your PayPal account. With PayPal Credit, you don’t need an actual physical credit card before you can use it. Instead, you can use your PayPal Credit account anywhere that accepts PayPal. Like most credit cards, you’ll be charged interest on every transactions fee.
Paypal Cash
PayPal Cash is a PayPal account that holds any money you have with PayPal. PayPal Cash was initiated in 2019 as a self-governing feature. Now, when someone sends you money through PayPal, you can choose either to transfer it to your own external bank account or keep it in your PayPal Cash account.
You can use any money that you have in your PayPal Cash account to send to family and friends or to make purchases in some cases, without having to connect to an external bank account. You can also use your PayPal Cash balance to pay via Google Pay or Samsung Pay.
How Paypal Works
PayPal works as an online service platform between two people (or business) that wants to exchange money. If you’re looking for where to send money to your friends and family at no charge then PayPal is what you need. If you’re sending money as part of a purchase or as payment for a service, PayPal will take a processing fee out of the amount before passing the balance on to the receiver.
If you are a business owner looking for where to streamline your operations, a PayPal Business account is all you need. Both PayPal accounts offer fraud protection, enhanced security, and encryption for all transactions, therefore PayPal is much secure and give you one less thing to worry about.
Paypal Limit
PayPal has its monthly limit of $500 for all unverified PayPal account, once your account has been verified, the limit will be lifted. You can also verify your PayPal account by applying for verification and getting approved for PayPal Credit.
How To Connect Your PayPal Account To Your Face Book Ad Account
You can connect your PayPal account to your Facebook ad account and use it to pay for your ads, by just following the below-listed guide.
Before you begin your connecting journey, you need to know that:
- PayPal is only readily available for Facebook ad accounts, set up for automatic payments.
- Make sure that the currency you want to pay in, is acceptable through PayPal.
- Make sure that pop ups are possible on your web browser.
How To Add Paypal As A Payment Method For Your Facebook Ad
- After signing up for your Facebook store,
- login into your Facebook store account,
- click Settings
- Followed by Buyer Checkout Options.
From this stage, you will be able to put in your PayPal email, select your currency, and pick your language.
OR
Before linking your PayPal account with your Facebook Ad, ensure you have a PayPal account, or when you initiate the payment process you can just sign up at that point.
- Go to your payment settings in your Facebook Ads Manager.
- Click on the Payment method section,
- Tap Add Payment Method.
- Then select PayPal,
- Click Continue.
- A pop-up window will appear asking you to log into an existing PayPal account or sign up to create a new PayPal account to link your Facebook ad account.
- Complete the above steps and your Facebook Ad account will be linked with your PayPal account ready for use.
