Content monetization has officially started in Nepal, money can be withdrawn easily from the bank: Meta

 Content monetization has officially started in Nepal, money can be withdrawn easily from the bank: Meta

Meta has officially launched the content monetization program for Facebook content creators in Nepal. The company has started informing users through emails that this service has officially started in Nepal.

This has opened a new door of income for Nepali content creators. When Rajendra Aryal, who is active in the technology sector, contacted the Meta team on this matter, the company confirmed that Facebook content monetization has officially started in Nepal.

Meta said in its response, “Yes, Nepali content creators can use their local bank accounts for the money received from Facebook’s content monetization. Because Meta has officially started this feature and has started sending payments directly to Nepali bank accounts.”

With this, Nepali users who are eligible for Facebook monetization will now be able to receive their earnings directly to their Nepali bank accounts. For this, users will have to select ‘Nepal’ as the country and fill in their bank account details while setting up their payout account.

“Earlier, some Nepali Facebook content creators were earning money by linking Nepali bank accounts through various means,” said Aryal, “but now that the company has officially launched this service, the process has become much easier and more official. Now you can earn money by linking Nepali bank accounts with confidence.”

Before content monetization, Facebook used to pay creators in limited areas under three programs. First – ‘Instream Ads’. This is an advertisement that appears in long videos. Second – ‘Ads on Reels’. That is, payment is given based on the advertisement being shown in reels. And, third – ‘Performance Bonus.’ This is the amount that Facebook sends as a bonus based on video, photo and text posts.

From August 31, Meta has permanently replaced Instream Ads and Ads on Reels. That is, all three monetization programs that were launched earlier will now fall under ‘Facebook Content Monetization’.

What are the criteria for content monetization?

Meta has not yet decided whether to directly put users who meet these criteria in content monetization. Currently, Meta is selecting eligible creators itself, which is called ‘Invite Only’.

Creators who receive such an invitation from Meta will be able to set up payouts from Meta Business Suite and Professional Dashboard. Users who have not received an invitation yet can request it by clicking here.

In this way, creators eligible for content monetization can set up payouts. Similarly, the creator must have fully complied with the Partner Monetization Policy and Content Monetization Policy. In this way, Meta provides funds to creators who have been operating continuously without violating any policy. Meta determines how much money to pay based on the videos, reels, stories, and text photos that the creator posts. To earn money from videos, the video must be at least 15 seconds long.

Facebook has made it clear that such pages cannot earn money if they are copyrighted, branded content, contain inappropriate language, content is deleted, the creator has disabled ads, or have increased engagement in an unauthorized way. Even if someone else’s content is posted and a third party has claimed it, the third party can still claim the income from the post.

To find out if the page is eligible for content monetization, open the Facebook page on your mobile. Then go to the Professional Dashboard. And, go to Monetization and select the Content Monetization option.

Then, you can accept the terms and conditions and complete the ‘Complete’ setup by filling in the payment details. You can follow the same process by going to Meta Business Suite on your computer.