Mark Zuckerberg, Meta chief executive, said the move will improve security and authenticity on the social media apps. The move comes after Elon Musk, owner of Twitter, implemented the premium Twitter Blue subscription in November 2022.
Meta's paid subscription service is not yet available for businesses, but any individual can pay for verification.
Badges - or "blue ticks"- have been used as verification tools for high-profile accounts to signify their authenticity.
The subscription would give paying users a blue badge, increased visibility of their posts, protection from impersonators and easier access to customer service, Meta said in a post on their website.
The company told the BBC the change would not affect previously verified accounts, but noted there would be an increase in visibility for some smaller users who become verified thanks to the paid feature.
Allowing paying users access to a blue tick has previously caused trouble for other social media platforms.
Twitter's pay-for verification feature was paused last November when people started impersonating big brands and celebrities by paying for the badge.
Meta said Instagram and Facebook usernames will have to match a government supplied ID document to be granted verification, and users will have to have a profile picture that includes their face.
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