Question: Why does Facebook want my credit card information?

It sounds like the email or notification you saw is likely a scam. Spammers and scammers sometimes create phony emails or posts that look like they’re from Facebook.

Is your credit card info safe on Facebook?

Facebook says Facebook Pay will securely store and encrypt card and bank information and perform anti-fraud monitoring. But putting your account information anywhere creates an avenue for potential identity theft.

Why is Facebook asking for payment method?

When you send or receive money in Facebook messages or make a donation in Facebook, we may ask you to verify your identity by providing documentation. This is to protect you from unauthorized payments and to comply with applicable law.

Why does Facebook Messenger ask for credit card?

Why am I asked to verify my identity or payment method when using Payments in Messenger? When you send or receive money, we may ask you to provide information to verify: your identity after you reach a specified amount of money. your payment method when unusual activity is detected.

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How do I stop Facebook from charging my credit card?

Facebook for Android: Tap then tap Payment Settings. Tap New Credit or Debit Card to add a payment method to your account. To remove a payment method, tap the existing payment method, and then tap Remove Card.

Is it safe to link bank account to Facebook?

It’s not that bad — if done right

First of all, no one is forcing you to connect your bank account to Facebook — for now it’s up to you. … So, if Facebook keeps its promise not to share your banking data with third parties, you can consider it secure — as long as you set up your account right.

Does FB pay charge a fee?

The Facebook Pay service is similar to Venmo, Google Wallet and Apple Pay, allowing users to transfer money directly from their bank account or credit cards. … However, Facebook Pay has no fees and will not store money in an online account.

Does FB Pay ask for social security number?

Facebook users in the United States who want to run certain ads on the platform will need to hand over the last four digits of their social security number and a picture of a government-issued ID.

How do I verify my payment method on Facebook?

After you receive the deposit, go to your Payment Settings in Ads Manager (www.facebook.com/ads/manager/account_settings/account_billing). In the Payment Method section, find your bank account, click Check Verification Status and follow the instructions.

How do I get a verified Facebook payment?

To verify your payment method, you may be asked to provide a 4-digit code that appears on your bank statement after a temporary authorization amount is charged to your payment method. If you encounter multiple failed attempts, you may request a review.

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Does Messenger require a credit card?

You can use Facebook Messenger on your desktop or make in-app payments from a mobile device. … You need to fund payments with a U.S. bank-issued Visa or MasterCard debit card, or with a PayPal account.

Why is Facebook asking for my address?

Facebook claims they ask for personal identification to protect your identity and the overall safety of the network ecosystem. If you submit a complaint that you have been locked out of an account, for example, they want to make sure they grant access back to the right person and not an impostor.

Why is my Facebook pay not working?

If you’re trying to send money in Messenger and it’s not working, it may be because: Your friend declined the money or didn’t add a bank issued debit card or PayPal account to their Messenger account. Your friend’s payments are disabled by Facebook. There may be issues with your debit card or PayPal account.