How to change the Facebook payment payout method? - facebook

I have created a Facebook app but now I want to modify the Facebook Payout method (I want to change it from a Paypal company account to my bank account). When I logged in the developer dashboard I found it's not allowed to make any changes.
This is what I saw:
I was redirected to StackExchange from the support page of Facebook Developers, is there any one from Facebook can help?
Thanks!

Try this one https://developers.facebook.com/docs/payments/payout_faq/#change
This link answers the following frequently asked questions:
How do I specify who receives the payout from my app?
When does Facebook pay out?
Which countries can Facebook Payments pay out to?
How do I change the payee for an app?
What does 30% revenue share cover?
What tax laws apply to virtual sales made through Facebook Payments?
Does the 30% fee include taxes?
How does Facebook equip developers to comply with local tax laws?

Related

my pages_messaging_subscriptions is not approved by facebook for Food & Gift ordering chatbot

I have developed chatbot for Food & Gift ordering from chat. I have applied for pages_messaging_subscriptions for apps.
Why I need that permission: User place order via chat. We need to send confirmation back to users. Sometimes, we need to give confirmation to user after 24 hours in case of Gift shop.
I have applied it under "News" category. But FB has not approved that permission.
FB:
Your Messenger experience does not fall into the news use case that
you submitted for. Please review eligible use cases for
subscription-based messaging in our Messenger Policy Overview.
Can Anyone guide me how can I get that permission for my chatbot?
Thanks
This is not 100% solution, just an idea.
I have the same issue with my https://www.refurbishedbot.com, tried News and Productivity categories with no success. What my bot does - user subscribes to some Apple device, like iPhone 6s Plus, and when new deal appears on Apple website user gets notification and purchases iPhone from the Apple website.
My idea how to obtain pages_messaging_subscriptions permission approved is to implement some real News from Apple website by consuming their feed and provide content for users. Hopefully this will get some success.

Uber API - Pay for other user ride. Possible?

We are developing an application where we need to pay for different users rides from our own credit card. Kinda Uber Business but without manual adding of accounts. Is it possible with Uber API?
Unfortunately, paying for other users' rides is not possible in the Uber API today.

How can I use the Facebook Credit Api to reward an user with credits?

I want to deposit Facebook credits on other users accounts. Is there a way to do that with the Facebook Credits Api?
It could be in a direct way or as a gift card.
Thanks!
I do not believe you can do something like this nor does make sense. Facebook Credits are a centralized currency that is purchased with real world currencies and are valid across the Facebook platform for any app that accepts them. Were something like this supported, one could create an app to grant themselves or others credits that could be spent elsewhere on the platform. Since Facebook pays out real money to developers of apps where credits are spent, this would be equivalent of creating money out of nothing, which is bad for hopefully obvious reasons.
If your application supports the concept of virtual goods that are purchased with Facebook Credits, you could reward your users with those items instead.

Facebook Credits API vs Payvement

Can someone explain to me the difference between the Facebook Credits API and Payvement? Is Payvement simply an app that wraps the Credits API?
I'm basically looking for best practices for how to accept payments through a Facebook app and the water in the FB dev docs is very muddy and unclear. Thanks for any input!
It looks like Payvement is geared towards the sale of physical goods, which you can't do with Facebook credits. Facebook Credits can only be used to sell virtual goods. It doesn't look like Payvement handles Facebook Credits at all, actually, and rather than being an API, Payvement is an e-commerce solution for the Facebook canvas.

facebook credits

EDIT 1:
Is it possible to withdraw facebook credits your facebook application has received? So the received credits can go into your real bank account?
ORIGINAL QUESTION:
Is it possible to use facebook users credits to pay for items in a facebook app? If it is possible, can someone please provide a link? Also, how does it work i.e. for 10 facebook credits you have to pay £0.16 or something, and if they pay for an item in a facebook app which costs 10 facebook credits, does that mean the owner of the app gets £0.16? Also, is the owner of the app able to widthdraw this money to his back account. If yes, how much does the whole transaction cost the facebook app developer?
UPDATE 2
as Kurru rightly points out in his answer, facebook credits can be redeemed to developers (just not to users). the Facebook Credits Terms says so, but in a quite convoluted way. better information can be found at Facebook Credits for Developers, incl.
How can I get started with Facebook Credits?
How much can I redeem a Facebook Credit for?
What payment options do Facebook Credits support?
What is the process to ensure timely payout for an app that integrates Facebook Credits, as well as additional apps by the same company?
Which countries can Facebook Credits currently pay out?".
UPDATE 2 END
UPDATE
https://developers.facebook.com/attachment/FacebookCreditsIntegrationGuidev1.pdf , p. 14:
To build user trust, please follow both the Facebook Credits Terms and Platform Policies, including (but not limited to) the following:
Facebook Credits cannot be..
cashed out into real-world currency
used to enable person-to-person funds
used to sell physical or real-world items
Details (Eligibility, (allowed) Transactions, Redemption, Actions We May Take, Transaction-Related Disputes, Other Terms) are in the Facebook Credits Terms.
UPDATE END
https://developers.facebook.com/docs/creditsapi/ :
The Facebook Credits API enables a user to use credits as a method for purchasing digital and virtual goods within a Facebook canvas application. Please note: the credits api is not yet available for use by external websites but only on canvas iframe applications.
As the developer you can get paid as detailed here : https://developers.facebook.com/policy/credits/
3.1
When you redeem Credits with us we will redeem them at the rate of
$0.10 per Credit, less a service fee
of $0.03 per credit redeemed. If we
change the service fee or redemption
rate, the redemption rate and service
fee in effect at the time you accepted
a Credit as consideration will apply
to that Credit. We will give you 30
days notice on the Facebook Developer
Website of changes to the redemption
rate or service fee.
Sounds like they basically take a 30% cut off the top. This can't be used to enable money transfers as specified by the previous answer.