How To Change Payment Method on Facebook Ads? It is necessary for you to be the account administrator of the Facebook advertisement in order to change your payment method.

Open your Ads Manager and go to the payment settings section. Locate your current payment method and click on the three dots next to it. In order to update your account, you must click on the edit option, then make your changes, then click the save button.

The Facebook platform enables you to create ads that are promoted by Facebook based on your target audience and your budget, so you can decide which way to promote your ad. # How To Change Payment Method on Facebook Ads?

If you create a Facebook ad, you must enter a payment method. If you decide to change your Facebook ad payment method in the future, or add another method to your existing account, this guide will show you how to do so.

How to add payment method in facebook ad account?

Due to its millions of daily users, Facebook provides an excellent advertising platform for your business. In order to create an ad, you must do so through the Ad Manager within Facebook.

Once you have created your first ad, you will be prompted to add a payment method.

  1. Log into your Facebook account.
  2. Click on the Ads Manager tab.
  3. Under the Billing section, click Payment Settings.
  4. Tap the Add payment method button to add a payment method to the list.
  5. Click Next after selecting your preferred payment method and currency.
  6. Click Next after updating the Edit billing Information form.
  7. The Confirm Updates form will appear. Make sure everything is set correctly, then click Confirm.
  8. Last but not least, click Done.

Your Facebook ad account has been updated with a new payment method. # How To Change Payment Method on Facebook Ads?

How to change primary payment method on Facebook ads manager?

If you have created and run ads using Meta technologies such as Facebook, it is that default payment method that is used on your ad account. That is the default payment method that gets charged for those ads.

It is possible to choose which payment method to use as your default payment method in Meta Ads Manager if you have added multiple payment methods to your account.

Before you begin

  • In order to manage an ad account’s payment methods, you must be an admin of the ad account you’re working on. In order to do that, you need to make sure you are the admin of the ad account.

  • There won’t be a default payment method on your ad account if your ad account is set up for prepaid funds (meaning you add money to a balance on your account), since you won’t be charged automatically if you set up prepaid funds in your account.

Steps to change your default payment method for ads:

If you would like to change your default method of payment, please follow these steps:

  1. In Ads Manager, go to your payment settings.
  2. Select the three dots icon next to the non-default payment method in the Payment method section.
  3. In the pop-up list, click Make default.
  4. In the section Update payment method, click the Make default button.
  5. A success pop-up will appear. Click the Done button.

Default payment methods will be updated for you based on the most recent payment method you added. Be aware that you’ve only recently added a new payment method, so it will need to be verified before it can become your default.

How To Change Payment Method on Facebook Ads?

This was a step-by-step guide on how to add a payment option to your existing Facebook ad account. You can change your Facebook ad payment method if you have a change of mind for various reasons, but you must be the admin in order to do so. You can use the steps below to do this.

How To Change Payment Method on Facebook Ads?
How To Change Payment Method on Facebook Ads?

  1. Log into your Facebook account.
  2. You can access Payment settings by going to Ads Manager.
  3. Select the existing payment method by clicking the ellipsis (…).
  4. Select Edit from the options that appear.
  5. To update the changes, edit the payment method and click Save.

Now you know how to change the payment method in your Facebook ad. # How To Change Payment Method on Facebook Ads?

How to change default payment method on facebook ads?

Facebook ads can be changed to use a different payment method by following these steps:

  1. Log in to your Facebook Ads Manager.
  2. Go to the “Billing” tab on the left.
  3. Choose “Payment Methods” from the drop-down menu.
  4. You can make a payment method the default by clicking on it.
  5. Choose “Set as Default” from the drop-down menu.
  6. To confirm the change, click “Save”.

There is no limit to the number of payment methods you can set as a default when you create, edit, or manage your advertisements, but if you have more than one payment method connected to your account, you can select different payment methods as needed when creating or editing your advertisement.

How To Remove a Facebook Ad Payment Method?

On the payment settings page of your Facebook ad, you have the option of controlling all the details of how payment methods will be handled for your ad.

In order to remove a payment method, you must have added another as the default payment method after you have removed the primary payment method.

To do so, you will need to be an admin to follow the steps below.

  1. Go to Payment Settings in your Ads Manager.
  2. Find the payment method you wish to remove under Payment method.
  3. Select it by clicking the ellipsis.
  4. You can remove it by selecting the “Remove” option.
  5. To confirm the action, click Remove.
  6. To save the changes, click Done once the item has been removed.

Conclusion

Advertising your brand via Facebook is a great idea. If you have an Ad Manager account, you can add a payment method to your first Facebook ad and create a new one. We have seen how to add a payment method, change a payment method, and remove a payment method.

That’s it, everyone. # How To Change Payment Method on Facebook Ads?