What Are The Best Payment Methods For Facebook Marketplace?

The Facebook marketplace is a huge platform for selling new and used goods. But choosing the safest payment method is always an issue. If you don’t know the best Facebook marketplace payment methods, keep reading.

The buyers do not have the option of carrying out payments directly from the FB marketplace. But the recommended and the most common ways to get paid are PayPal and cash on delivery. In this article, we will show you the safety tips and the best Facebook marketplace payment methods in 2023.

What Are Facebook Marketplace Payment Methods?

Whenever you want to make a payment, offer to use a secure person-to-person payment site such as Paypal and send and pay money on Messenger. Below is detailed information on secure payment methods.  

1.PayPal

• First, Paypal is the trusted payment method for international shipping.
• And in case of fraud or scam, PayPal has the best customer support.

In addition, Facebook recommends PayPal as an online transaction payment method. PayPal investigates fraud claims on your behalf as a buyer.

2. Cash On Delivery

• Cash on delivery is a better payment option on the FB marketplace because, for example, if you order a product from the FB marketplace and pay for it online, your order never arrives. You try contacting the seller, but they are no longer reachable. In this case, you are the one who is at risk because you have lost your money in a scam.
• In this scenario, you have ordered a product from the FB marketplace. The seller has confirmed your order, and you make the payment online. You see that your order is shipped, but later on, you receive a notification that the order was canceled. And the payment you made is irreversible.

The above examples are very common scams with Fb marketplace buyers. Therefore, cash on delivery is a much safer option. So even if your product does not arrive, you aren’t at a loss because you did not make the payment in advance to the marketplace seller.

However, the catch is that there is no limit to what and how the seller sells products on the FB marketplace. So make sure you choose the safest payment method for the Facebook marketplace.

Remember that a reputated seller won’t ask you for your bank or card details. If seller asks you for your card details take it as a sign to not move forward with the deal.

As far as it is concerned do not add your credit cards on Facebook marketplace as there would always be a risk of data breaching.

3. Online Payment With Messenger

Facebook allows you to make a secure payment through Paypal and MasterCard, or Visa cards. You can add your card details under Facebook payment settings. Here’s how you can add Facebook marketplace payment methods.

1. Open your Facebook. 
2. Head to the three horizontal lines. 
3. Go to the settings. 
4. Tap on payments.
5. Navigate to Facebook Pay, and add payment methods. 

How To Pay On Facebook Marketplace?

Facebook marketplace is very similar to eBay or Craigslist. The process of buying a product is very simple. Here’s an elaborate explanation of how you can purchase a product on the FB marketplace.

1. You open your Facebook account and go to the marketplace.
2. Select the product category you want to buy.
3. Browse through the plethora of products on your screen.
4. Find a deal that does not look like a scam. For example- the iPhone 12 pro 256GB- for $637, is a reasonable deal rather than iPhone 13 pro max 512GB- for $63 dollars. 
5. Once you find the deal of your choice, message the seller on FB messenger.
6. You have to click on the deal, and you will find a pre-formatted message saying, “Hello XYZ seller, is This still available?”
7. Have a chat with the seller. Ensure that the product’s condition is as mentioned in the post.
8. Once you are sure about everything, Go ahead with the payment.

Now that’s out of the way, let’s see the additional safety tips you should keep in mind before purchasing a product on the Facebook marketplace.

How To Make Payments Secure In The FB Marketplace?

While making purchases or selling on the Facebook marketplace, you have to be very careful about the dos and don’ts. Therefore, before buying or selling on FB marketplace, you should never forget the following tips.

1. Background Check The FB Marketplace Seller

You should always have a thorough background check of the buyer’s or the seller’s profile on the FB marketplace. If the profile seems genuine enough and has decent engagement on the post, it is a green signal. Do keep an eye on the engagement of the post or other posts the seller has made.

If the seller is selling the product for an exceptional price, make sure it is a genuine product and the seller is not trying to fool you. Ask for detailed pictures of your product for verification.

2. Be Professional When Conversing With The Seller On FB Messenger

It’s always better to keep things professional when making a deal on the Facebook marketplace. Do not get friendly with the buyers or sellers. Avoid meeting them in person and carry out the transaction by delivery or the online marketplace payment method.

Also, ensure the seller is not shipping the product you want from far away. Likely, the product will not be delivered or won’t be what is shown in the listing. The scam is for the buyer to cancel the payment once the item is shipped and irreversible by you. Finally, refrain from sharing any personal information for your safety.

3. Make In-person Transactions At Secure Locations

There can be chances that you and the seller have decided to meet in person to carry out the deal. So be sure to get a friend to tag along with you. And make sure you choose a location where you can access security easily.

For example, a cafe or a park. Avoid places like alleys or apartments of the buyer or the seller.

4. Inspect Products You Buy From The Marketplace

Always make sure you receive genuine products. For example, if you are buying jewelry or electronics, check them thoroughly before paying the price. If you feel the product has significant defects, cancel the deal.

With the above steps, we hope you can quickly learn and understand everything about the best Facebook Marketplace payment methods. You will find second-hand products in excellent condition on the marketplace that you can buy instead of spending money on buying newer products every time. And who knows, you might also strike gold on the Facebook marketplace with a product you always wanted. You can also sell your stuff on the Facebook marketplace.