Priority’s Post

If you manage Google Ads, you may have received notice that you can no longer pay Google with a credit card. Many businesses rely on the valuable float and incentives that come from using a credit card, so what's the alternative? If you're facing this change, I recommend reading my most recent blog post about Plastiq as an alternative. With Plastiq, you can continue to use your card for Google Ad spend and Plastiq will handle sending Google their payment the way they prefer.

Starting July 31, 2024, Google Ads will no longer accept credit or debit cards, switching to bank transfers or direct debit only. Gone are the days of those sweet credit card reward points. Maybe we will see some innovation here...but in the meantime it looks like Google will reap a massive cost savings at the expense of its customers. #DigitalMarketing #GoogleAds #BusinessCosts https://lnkd.in/gKYh32EW.

Your Google Ad Account may be SUSPENDED if your payment method is not migrated to NETBANKING from Credit or Debit Card by July 31, 2024. Benefits to Google -> Saves on credit card processing fees. -> Streamlines their payment system. Loses to Advertisers -> Loss of Rewards: No more 3-5% cashback on ad spend. -> Cash Flow Hurdle: Many small businesses use credit cards as cash flow management, they'll no longer have this option This change could have significant implications for the advertising landscape. Businesses may need to adjust their budgeting and payment strategies in response to this change. What are your thoughts over this abrupt change ? #Googleads #digitalmarketing #ppc

🚨 Google Ads Phasing Out Card Payments for High Spenders 🚨 Are you a high-volume advertiser on Google Ads? You might need to update your payment method soon. Google is phasing out credit and debit card payments for certain accounts, encouraging a switch to bank-based options. What's the change? Google is transitioning some advertisers (likely based on high ad spend) from credit/debit cards to automated bank-based payment methods like: - Monthly Invoicing: Receive a bill with a 30-day payment window (recommended by Google). - Direct Debit: Automatic payments deducted directly from your bank account (if available). Why the switch? Google claims this move offers more flexibility and control for high-growth advertisers. However, some advertisers may miss the convenience and cashflow benefits of using cards. What to do if you're affected: - Check your Google Ads account for notifications. - If prompted, update your billing to a bank-based payment method before the deadline (usually around the end of July 2024). - Consider the impact on your cashflow – switching to invoicing might require adjusting your payment schedule. #Googleads #ppc #advertising

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Google Ads Phasing Out Card Payments 🚨 Important Update: Google is requiring certain high-spending advertisers to switch from credit or debit card payments to bank-based payment options by July 31, 2024, or risk account suspension. 🔍 The Big Picture: This change is part of Google’s strategy to encourage high-spend advertisers to use more automated payment methods, which are better suited for scaling ad investments. 📋 Details: Impacted advertisers will need to transition to one of the following bank-based payment methods: Monthly Invoicing: Google’s preferred method, offering 30-day payment windows. Direct Debit for Automatic Payments: Available where applicable. Credit and debit cards will no longer be accepted for these accounts, as Google believes bank-based payments provide greater “flexibility” and “control” for high-growth spenders. While Google aims to create a more seamless, automated system, this change may lead to account suspensions and cashflow issues for some advertisers. The shift eliminates a popular payment option, reducing cashflow flexibility for some businesses. Google is notifying high-growth accounts throughout 2024, although the exact spending thresholds and criteria remain unclear. Manager accounts must also update their billing methods centrally. Google communicated to impacted advertisers: “The Monthly Invoicing billing method is best suited for your account(s) given the flexibility it provides high-growth customers.” Impacted advertisers must update their billing methods by July 31 to avoid potential account suspensions. #googleads #ppc #ppcads

🚨 Major Update for Google Ads Users! 🚨 Attention all advertisers, agencies, and business owners! 📢 Google Ads is making a significant change to their payment options. Starting soon, Google will no longer accept credit or debit cards for payments. Instead, they’re pushing users towards bank-based payment methods like ACH or their Monthly Invoicing system. For many, this is a huge shift! 💳✈ A lot of agencies and business owners have been using their Google Ads spend to accumulate airline miles and other credit card perks. With this change, the only way to still use a credit card will be through Google’s Monthly Invoicing—if you qualify. 🗓 You have until July 31, 2024, to make this billing change, or your Ads account will be subject to suspension. Don’t wait until the last minute! This move is shaking up the industry and will impact how businesses manage their ad budgets and benefits. What are your thoughts on this change? How will it affect your ad strategy? #GoogleAds #DigitalMarketing #AdSpend #Advertising #MarketingUpdate #BusinessNews

If your spending has consistently increased over the last few months, you may receive the following email soon. Google Ads is phasing out card payments for high-spending advertisers from July 31st. These advertisers have shifted their payment method to bank-based payment with a net of 30 days. While Google has been notifying impacted “high-growth” accounts for the last few days, criteria like spending thresholds are still unclear. If you are working on a “high-growth” account and still have card payments, start the process of moving to bank payment soon.

Heads up, people — Google Ads is phasing out credit card payments. What's happening? As of July 31st, 2024, Google Ads is significantly changing the payment options for high-spending accounts, as credit and debit card payments will no longer be accepted. Why would they do this? It's part of Google's effort to introduce a more streamlined and efficient system for handling payments from high-volume advertisers. After the deadline, advertisers will only be able to use bank-based payment options. Why should you care? Well, potential issues could crop up. One is that you need to transition to the new payment system to avoid having your account suspended. Another is that eliminating the flexibility of card options could lead to challenges in managing cash flow. What do you do now? It's essential to stay informed and plan accordingly because there are only 30 days left to switch. Keep an eye out for notifications from Google Ads and adjust your budgeting and payment strategies accordingly. Find out more here: https://buff.ly/4b1JGX1 #Farinella #CreativeAgency #BigThinker #Asskicker #GoogleAds #GoogleHelp

🚨 Important Update for Advertisers 🚨 Google Ads is phasing out credit card payments for some advertisers by July 31, 2024. This change might disrupt your advertising plan if you rely on card convenience, float, and rewards. Envoy can help! Discover how your business can keep paying by card for Google Ads and other expenses that usually don't accept cards, such as rent, wholesale goods, and taxes. Streamline your payments, maximize credit card rewards and maintain your payment flexibility with Envoy! #GoogleAds #PaymentOptions #Envoy