The 4 Best Ways To Receive Payments On Facebook Marketplace
Last Updated on by Bree
This post will discuss the best ways to receive payments when selling on the Facebook marketplace.
When I started reselling as a side gig, I knew the safest way to get paid was on the app.
Never out of the app.
Unless you’re selling locally and meeting the buyer for cash.
But these days, some buyers will try to ask to pay you directly online.
Which can be risky.
Because some people are just out to scam resellers.
They already have automated messages that look like money transfer notifications.
Meanwhile, no transaction was made.
So to stay safe, let’s explore the best ways to receive payments on Facebook Marketplace.
The 4 best ways to receive payments on Facebook Marketplace as a seller
Sometimes when selling online, you wish you could get your money immediately.
But that’s not always a good idea, as it can make you fall for scammers.
I recently cross-listed a laptop on Mercari, Facebook, and Poshmark.
And I noticed how scammers were asking to pay outside the platforms.
But I ignored most of them.
And I finally sold the laptop on Mercari and received my payment safely on the platform.
Please read Can A Seller Get Scammed On Mercari? 7 Signs Of A Scammer.
But if you’re selling on Facebook, here are the safest ways to receive payments:
1. Receive payments and ship items through the Facebook Marketplace.
If you opt to receive payments through the Facebook marketplace app, your buyer must pay on the platform.
And if they’re trying to scam you, the marketplace will detect it.
In short, it’s almost impossible for anyone to scam you when paying on the platform.
Most honest buyers don’t mind paying on the platform and waiting for you to ship the item.
So once they receive the item, Facebook takes its selling fee and pays your earnings into your bank account.
And you don’t need to wait or request your funds to be transferred.
Because Facebook Marketplace doesn’t keep your earnings as store credit, unlike other marketplaces.
So to receive your money as soon as your buyer gets their product, add your bank details.
Recommended posts
How To Sell On Facebook Marketplace | How It Works
Selling On Poshmark For Beginners in 2023 | Tips To Make Sales
2. You can receive payments through Zelle.
Another safe method to receive payments on the Facebook marketplace is through Zelle.
Though scammers create fake Zelle notifications to deceive you.
We all know that Zelle transfers are fast and instant.
And Zelle notifications come through texts and emails.
Also, Zelle email notifications don’t go to your spam.
At least I’ve never had any Zelle transaction notification go to spam before.
But scammers will ask you to check your spam email.
And you’d see a fake notification claiming a transfer was made to your account.
So now they expect you to ship your item to them without seeing any money in your account.
Please don’t fall for this.
If you’re unsure about the Zelle payment, call your bank to ask if any transfer was made.
And also, if you haven’t seen the money in your account, the buyer is probably trying to scam you.
Recommended posts
Mercari vs. Poshmark – Which Is Better For Selling Online?
Free Printable Sales Tracker For Your Reselling Business – 12 Pages
The Best Places To Sell Gently Used Clothes Online
3. Venmo is another way to receive payments on Facebook Marketplace
Another safe way to receive payments on the Facebook marketplace is through Venmo.
Though I don’t use Venmo, you can receive payments instantly and safely.
But still, it doesn’t mean scammers won’t try to deceive you with a fake email payment notification.
So just like Zelle, it’s probably a scam if you don’t see the money in your account.
Also, you can verify from your bank if the buyer transferred money to you.
But if all that is too stressful for you, receive payments through the Facebook marketplace.
The only downside is that Facebook takes their commission before sending your money.
But still, I think it’s better to pay the Facebook marketplace selling fee and get your funds than to be scammed outside the platform.
Recommended posts
Thredup Processing Fees – What It Means & What To Do
Can You Make Money Selling Clothes on Thredup? Thredup Selling Tips!
Crosslist Crossposting App Review: Everything You Need To Know
4. Sell locally and receive cash.
If all else fails and you don’t trust that you’d get your money if a buyer pays through Facebook, then sell locally and receive cash.
But there is a minor risk.
You’re unsure about your safety when interacting with a local buyer.
I recently sold a dining set on Facebook Marketplace, and the buyer came to my place to pick it up.
And he paid cash.
And we also bought furniture from people who were moving out and had to go into their apartments to carry them.
The downside about selling and meeting to exchange products for money is that some people may have to come to your place to pick up their purchases.
But I believe the buyer is also as worried about their safety just as you’re worried about yours.
Again, you’d get your money on the spot as cash or direct transfer through Zelle, Venmo, etc.
Lastly, you’re the seller.
So you can ask for only cash when selling locally on Facebook Marketplace.
So nobody would play money transfer scam with you.
Frequently asked questions about the best ways to receive money on Facebook Marketplace.
How do I avoid Facebook Marketplace fees?
You can receive payments outside the platform to avoid Facebook marketplace fees as a seller.
That way, the buyer pays you precisely the item’s listing price.
And you can receive your payments through online transfers like Zelle, Venmo, PayPal, etc.
Or you meet locally if the buyer lives in the area.
And exchange the product for cash.
Please be careful when meeting a buyer locally.
What is the safest form of payment when selling on Facebook Marketplace?
The safest form of payment when selling on Facebook Marketplace is through the platform itself.
Though you’d pay the Facebook Marketplace selling fees, but you’d get your money without any silly games.
How do you know if a buyer is scamming you?
When a buyer is scamming you, they’d ask to pay outside the platform.
And they’d offer a price higher than your listing to lure you into their scam trap.
At least, that was my experience.
The buyer offered to pay $1500 for a laptop I listed for $1200 or so.
And when we told them we hadn’t seen a payment or got any notification, they said to check our spam email.
We checked our spam email, and there it was.
A fake Zelle transfer notification.
Even when you trust them to send your money through Zelle, you’d never get an instant payment notification.
Also, the funds will never show in your bank account.
And when you tell the buyer you haven’t seen the money, they’d ask you to check your spam email.
At this point, tell them not to contact you anymore.
That you’re uninterested in doing business with them.
And please block them.
How do I know if my Facebook Marketplace buyer is legit?
If your Facebook buyer is okay with paying on the platform, they’re most likely legit.
I’ve sold and shipped stuff on the Facebook marketplace.
And my buyers were okay with paying me on the platform.
And as soon as they received their purchases, my funds were transferred to my bank.
In conclusion
The best way to accept payment as a Facebook marketplace seller is through the platform.
I’d only accept Zelle or Venmo if I meet the buyer locally and exchange money for the product.
PayPal may seem like an excellent way to receive payments too.
But buyers can reverse payments on PayPal.
And you can get scammed of your product.
Lastly, if you’re selling locally, be careful where and how you meet to transact business.
And make sure to meet in an open place like a gas station, shopping mall, etc.
Or if a buyer is coming to your place to pick up heavy items, always have someone with you.
Just in case.
I hope this helps you sell and accept payments safely when selling on Facebook Marketplace.
And if you have any questions, leave them in the comments.
I’ll do my best to reply to them promptly.
If you enjoyed this post, please share it.
Thanks for reading.
Recommended posts
Poshmark Returns: What To Do When A Buyer Opens A Case, How To Avoid It
25 Tips For Shopping At Thrift Stores – For Resellers
How To Sell On Mercari: How Mercari Works For Sellers
Mercari Fees – What You Need To Know Before Getting Started
7 Great Places To Find Items To Resell in 2023
ThredUp VS Poshmark: Which Is A Better Closet Cleanout Platform?
13 Reseller Supplies You Need To Sell Online For Beginners
