To add a payment method on Meta Business Manager (formerly known as Facebook Business Manager), which is used to manage ads on Facebook, Instagram and other Meta platforms, here are the steps to follow:

On Meta Business Manager

Access the Business Manager:

Go to Meta Business Manager.
Log in with your Facebook account.
Select the Advertising Account:

In the Business Manager, select the advertising account to which you wish to add a payment method.
Access Payment Settings:

Click on "Ad Account Settings" in the navigation menu.
Then go to the "Payment Settings" section.
Add a Payment Method:

Click on the "Add a payment method" option.
Choose the type of payment (e.g. credit/debit card, PayPal, etc.).
Enter your payment details.
Confirm details and save.
Set as Default Payment Method (optional):

If you want this to be your primary payment method, set it as such.

On Facebook Ads Manager

Access Ads Manager:
Go to Facebook Ads Manager.
Login if necessary.
Go to Payment Settings:

Click on the gear icon at the top right to access "Account Settings".
Add or Modify Payment Method:

In the "Payment Settings", click on "Add Payment Method" or "Modify" if you wish to change the existing payment method.
Enter the information required for the new payment method.
Save changes:

Save your changes once you've entered all the necessary information.

Please note

Check Restrictions: Make sure the payment method you are adding is accepted in your country.
Security: Make sure your Business Manager account is secure to prevent fraudulent use of payment methods.
Spending limits: Keep an eye on your account's spending limits to avoid surprises.

Updated on: 09/02/2024