You can set a default Beneficiary and Payer…
New rules in the European Union require you to indicate who benefits and who is paying for your ad when targeting people in specific countries in Europe. This is done in the ad set.
Meta has now provided a control within your Ad Account Settings to set a default. At the bottom of your Ad Account Settings, you should see a box for this. You can provide a default Beneficiary and PayerMeta made adjustments in 2023 for all ads targeting people in the European Union due to regulatory requirements. The advertiser must indicate who benefits (the Beneficiary) and pays for (the Payer) the ad to remain compliant. More, assuming they are different.
This won’t change the Beneficiary and Payer settings you provided in existing ad setsAn ad set is a Facebook ads grouping where settings like targeting, scheduling, optimization, and placement are determined. More. When you create a new ad set where a Beneficiary and Payer are required, your default will be used. But you will be able to edit it.
This just makes it a little bit easier, eliminating that extra step in the future if your Beneficiary and Payer will usually be the same.