Facebook has always been one of the best advertising mediums with high ROI for business owners in Nigeria. In the past, we only had the choice of paying for Facebook ad campaigns with the US dollar. We had to convert our naira to dollars before we could run our Facebook ads in Nigeria. This didn’t go well for many individuals. Many Nigerians have been looking for How To Set Up Facebook Ads Account In Naira Using Local Debit Cards.
PayU Came With The Solution
Many Nigerians have been looking for how to set up Facebook ads in Nigeria with naira debit cards. Most businesses opted for certain dollar debit cards or paid advertising agencies to run campaigns on their behalf. But then, everything changed for Nigerians in 2017. The ability to buy Facebook ads in Naira officially began in March 2017, with the assistance of the third-party payment processor PayU. As of the time of this post, all naira debit cards Visa, Verve and Master debit cards can be used to make your payment on PayU.
Accepted payment options
You can pay for Facebook ads with the following payment methods:
- Credit cards or co-branded debit cards, including:
- American Express in one of their accepted currencies
- Mastercard
- Visa
- Local manual payment methods, including:
- Naira Card
- Nigeria Bank TransferNote: These manual payment methods will only be available if the country of your ad account is set to Nigeria and your currency is set to the Nigerian naira (NGN). Also, you’ll only be able to add a manual payment method if you choose one when you first set up your Facebook ad account. Learn more about manual payments.
For A Step By Step Guide To Sponsored Ads Click here.
How To Set Up Facebook Ads Account In Naira Using Local Debit Card
Step 1
Log on to https://web.facebook.com/adsmanager/manager best with your PC/Laptop
Step 2
Accept the terms and conditions
Step 3
Click this icon on the left side of the screen
Step 4
From the menu that pops up click billing
Step 5
Click on payment settings
Step 6
When the next screen loads and this screen pops us click on “Add Payment Method”
Step 7
Please be careful here because you will only get the opportunity to do this once.
The country, currency, and time zone should match if it does not click on edit and adjust your country and currency to the same as it is in the image below.
You can choose between postpaid (debit or credit card) or prepaid (local cards). With postpaid, they automatically debit you when you reach a spending limit you set later, but with prepaid, you add money manually to your Ad account. Personally, I prefer the prepaid option, cards are hardly
declined this option.
When you decide on the payment option you want to use click next and add your card details or money to your ad account.
You will be redirected to the PayU payment page where you’re to input the following;
- 16-digit card number,
- Name on your debit card and
- Your card’s expiration year (month/year).
- CCV
If your information is correct, you’ll be required to input a 1-time pin (OTP) which will be sent to your phone number attached to your bank number or you use a hardware token if you have one.
FAQ: What If my open-end credit has been blocked by Facebook; for a few reasons? ANSWER: PayU is a third-party payment processor, thus you’ll use your blocked card to fund your account.
FAQ: Can I pay with my verve card? ANSWER: Yes you can use your verve card.
In conclusion, I hope you’ll be ready to set up your Facebook ads in Nigeria with your local cards together with your naira debit cards without any glitches. Verve cards are currently accepted, we do hope that more Nigerians will start and continue paying with any of their debit cards.