5 mins read Finance

A Comprehensive Guide On How To Pay For Instagram Ads

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Only those who want to lie to themselves will not accept that social media has dramatically influenced advertising. Nowadays, people capitalise on social media audiences to grow their brands. Wait a minute. Do you even know how to pay for ads on Instagram?

You see, it’s one thing to know that advertising on social media is a game changer for your business. And it’s another thing to be able to pay for ads on these platforms.

A lot of people find it difficult to pay for ads on Instagram, and that’s because of the local debit cards’ rejections and restrictions for international transactions. 

In this piece, I have taken my time to come up with a comprehensive guide on how to pay for Instagram ads. Let’s get started!

3 Ways To Pay For Instagram Ads In 2024

In 2024, you can pay for Instagram ads through direct payments, Facebook Ads Manager, and third-party payment platforms.

1. Direct Payments:

The first and most common way to pay for Instagram ads is through direct payments. To do this, boost a post you want to promote and pay directly with your credit or debit card.

2. Facebook Ads Manager:

It is no news that Facebook and Instagram belong to the same parent company, Meta. You can easily pay for Instagram ads using your Facebook Ads Manager.

You can fund your Facebook Ads account using your PayPal, credit or debit card.

3. Third-party payment platforms:

Thanks to third-party payment platforms, paying for Instagram ads has become easier than ever. You can seamlessly pay for your Instagram ads using virtual dollar cards from platforms such as Cardtonic. 

How To Pay For Instagram Ads With The Cardtonic Virtual Dollar Card In 5 Minutes

Paying for Instagram ads is not rocket science. All you have to do is get the Cardtonic virtual dollar card, log into your Instagram account, navigate to the “ad payments” section, and add your card as a payment method.

Step 1: Get the Cardtonic virtual dollar card:

The first step in paying for Instagram ads is to get a globally acceptable card like that of Cardtonic. It’s easy to get the Cardtonic virtual dollar card.

Virtual dollar card

Step 2: Log into your Instagram account:

The next step is to log in to your Instagram account.

Step 3: Navigate to the “Ad payments” section on your profile:

To continue, kindly click on the profile icon at the bottom right-hand corner of your account homepage. On the next page, click the dashboard icon at the top right-hand side to proceed. Then, click on the “ad payments” to continue.

Step 4: Click on the “Add Payment Method” tab:

To proceed, click on the “Add Payment Method” tab in the middle of the page. 

Step 5: Select “Debit or Credit Card”:

From the displayed options, select “debit or credit card” and continue. 

Step 6: Carefully enter the card details and save:

Carefully provide the card’s information, such as name, number, expiry date, and security number. Proofread the details and save.

Step 7: Set up your Instagram ad campaign:

Now that you have linked your Insta account with the Cardtonic virtual dollar card, you can proceed to create your ad campaign and pay with the card. 

A simple way to do that is to click on the “Boost Post” tab on any post you want to promote and follow the prompts.

Step 8: Monitor and improve your ad performance:

Once your ad campaign is up and running, you can always monitor its performance using the insights provided by Instagram. You can use these insights to improve your campaign’s results. 

That’s how you can pay for Instagram ads in Nigeria. It’s that simple.

3 Reasons To Pay For Instagram Ads With The Cardtonic Virtual Dollar Card

Perhaps you are asking why you should pay for Instagram ads with the Cardtonic virtual dollar card; the reasons are simple. It is cost-effective, convenient, and secure to do so.

virtual dollar card on Cardtonic

1. Security:

No one wants to use a platform where their personal and financial details will be compromised. This is why you need the Cardtonic virtual dollar card not only to pay for Instagram ads but also for other international transactions. 

Your details are totally safe, and your transactions with the card are secure.

2. Convenience:

The convenience of using the Cardtonic virtual dollar card cannot be overemphasised. You can always access your card anywhere at any time through your Cardtonic app. 

What’s more? You can fund the card directly with Naira, eliminating the need for a separate dollar account. 

3. Cost-effectiveness:

I bet everyone wants to save money whenever possible, especially in this current economic situation. This is the privilege of using the Cardtonic virtual dollar card to pay for Instagram ads. 

With the Cardtonic card, there’s no annoying currency conversion fee—which means more money is available to spend on Instagram ads. 

Frequently Asked Questions About Paying For Instagram Ads

1. What Card Can I Use To Pay For Instagram Ads In Nigeria?

You can use the Cardtonic virtual dollar card to pay for Instagram ads in Nigeria. It is secure, convenient, and cost-effective.

2. How Much Does Instagram Charge For Paid Ads?

Instagram charges an average of $0.03-$0.08 per ad engagement and $0.00-$4.00 per 1000 impressions. It is worth noting that the competition in your industry, ad quality, and other factors influence the price of the ads.

3. Do Instagram Ads Increase Followers?

Yes, Instagram ads increase followers. It all boils down to how you strategically target your ideal audience and implement a clear call to action, encouraging users to follow your profile.

4. Is It Worth It To Pay For Instagram Ads?

Yes, it is worth it. However, achieving the desired results from your Instagram ad campaign depends on your objectives, budget, target audience, and ad quality.

5. How Long Does It Take For An Instagram Ad To Be Approved?

It usually takes about 24 hours for an Instagram ad to be approved or rejected. However, if there is a high ad volume, the review process might take longer. Also, ensuring that your ad adheres to Instagram’s guidelines will speed up the approval process.

6. Does Instagram Accept a Naira Card?

No, Instagram does not accept a Naira card. This is basically because the platform requires payment in US dollars, and conversion becomes an issue. Also, many Naira cards issued by banks are restricted to local transactions only.

7. Does Instagram Pay Nigerians?

Yes, Instagram now pays Nigerians. The platform allows content creators to monetise their content through channels such as gifts, subscriptions, and branded content. 

Conclusion

I believe that by now, you wouldn’t have issues paying for Instagram ads with the Cardtonic virtual dollar card. Always remember that the first step in paying for Instagram ads is to get your Cardtonic virtual dollar card.

Social media advertising has proven to be effective in growing businesses. You shouldn’t be left out of the trend since you can now access a card such as the Cardtonic virtual dollar card. Aside from paying for Instagram ads with the card, you can also use it to purchase on popular e-commerce websites such as Amazon. 

The benefits of using Cardtonic virtual dollar cards for international transactions are numerous. Get the Cardtonic virtual dollar card today and live beyond the restrictions on local debit cards for international transactions. Enjoy!

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