With over 2 billion active users each day, Facebook has been an excellent advertising platform for business owners in Nigeria looking to sell their products. Initially, there were several options to pay for Facebook ads, which charged Nigerians in dollars. This plagued the Nigerian Facebook advertising market with difficulties arising from rejected debit cards, monthly spending limit and the final blow, no FX transactions again. Knowing how to pay for Facebook ads using Bitmama virtual cards is the easiest option especially if you do not have access to a dollar credit card.
Bitmama virtual card solves these problems by allowing businesses to spend up to $20,000, eliminating the FX limit on Naira cards and solving the problem of getting a reliable dollar card.
Challenges associated with paying for Facebook with Naira Debit Card
Most naira cards have restrictions placed on them by banks. Due to the international spending limit placed by banks in Nigeria as directed by CBN. Because of this, it is difficult to account for the ad budget spent on Facebook Ads. These challenges have made lots of businesses unable to run ads for their businesses in Nigeria.
Hence they outsource their Facebook ads campaign to digital marketing agencies in Nigeria to help with their problem of how to pay for Facebook ads by creating and managing their adverts.
If you are an advertiser in Nigeria running Facebook Ads, you might have suffered from this problem at one point in time. There is a lot of complaints from business owners when it comes to making payment for their Facebook ads in Nigeria.
What are the ways to pay for Facebook ads in Nigeria?
There are two major ways in which you can pay for Facebook ads in Nigeria. They are:
1. Credit or Debit cards (Postpaid – International payments)
Using credit or debit cards is arguably the most popular way to pay for ads on Facebook. Basically, it operates run-ads, pay-later after you hit a billing threshold system or at the end of the month.
All you need to do is supply your credit or debit card information in the billing section of your ads manager account and follow through with the process. Bitmama virtual card is easily the best option for this.
2. Naira Cards (prepaid – local payment)
For this method, you need to manually add money to your Facebook account through your Naira card before running an ad. Additionally, using this option requires you to first set up the Facebook ads account to run manually.
How to create a Bitmama Virtual dollar card and pay for your Facebook ads
Follow the steps below:
Step 1: Download, register and log into your account on the Bitmama app, click on ”Cards” and navigate to the Cards page, a pop-up box will display showing that you need to verify your account to level (3) three to create virtual cards.
Step 2: Navigate to the verification page in your ”Account” section. Click on the verification button to submit the necessary documents for your verification up to level 3.
Step 3: Return to the home page after completing level 3 verification. Click on get ”Cards” to see available Bitmama crypto cards in different colours.
Step 4: Select your preferred card with its transaction limit per month. Then, navigate to the next step to make payment for the card issuance, choose your payment wallet and enter your 6-digit pin to complete your payment.
Step 5: Once your payment is successful. Click on ”Continue” to proceed to your cards page. That’s it! you will see your new crypto virtual card.
Funding your Bitmama cards is as easy as getting one. Watch this short video to fund your Bitmama Virtual card in less than a minute.
How to pay for Facebook ads using Bitmama virtual cards
To pay for your ad, sign in to your Facebook personal account.
Put in the amount you want to fund your Facebook ads account with and click on “Next”
This will redirect you to a different interface where you will be asked to put in your card details (use details from the Bitmama virtual card you created). Once done, click on “Pay N5***.00 (input the amount you want to fund with)”.
Select the method you wish to receive your One Time Password (OTP); in which a code will be sent to the phone number linked to your Bitmama account.
Next, check the box to agree with the information you have provided and click “Submit”. Enter your OTP sent to your mobile phone and click “Submit”.
If successful, you get a prompt “Success“ showing the amount you have added and the new balance.
Facebook understands the value of their ads business in Nigeria and opted to ease things for advertisers by introducing the Naira payment option. Although Naira options have been made available on the platform, some business owners still find it difficult to pay especially with the current banking network challenges among others.
Paying for Facebook ads has never been easier with the Bitmama virtual dollar card. Essentially, it allows you to spend up to $20,000, more than enough to pay for whatever you wish to buy in any quantity. This satisfies questions on how to pay for Facebook Ads using Bitmama virtual cards in Nigeria.