How to Transfer Cash from Venmo to PayPal Quickly? [Get Easy Steps]

How to Transfer Cash from Venmo to PayPal Quickly? [Get Easy Steps]

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PayPal and Venmo are owned by the same company, PayPal Holdings, Inc., but they have distinct features. Venmo, which is popular for payments between friends and family members, is owned by the same parent company, PayPal Holdings, Inc. PayPal, on the other hand, is more flexible and supports a wider range of transactions, including online shopping and payments made for business. There is no direct way to send money between the two platforms. However, some workarounds can be used. Venmo users can transfer money from Venmo to PayPal using their bank account. PayPal and Venmo do not allow direct transfers between them. You must first link your Venmo account and PayPal account with the same bank.

Venmo allows you to transfer money to your bank account by going to "Manage Balance", selecting "Transfer to Bank", entering the amount and choosing between an instant (with fee) or standard payment. Then confirm. The transfer may take a few moments or up to three days, depending on the method you choose. Log in to PayPal after the funds have appeared in your bank account. Navigate to "Wallet" and click "Add money." Enter the amount that you transferred from Venmo and confirm the transfer. Then, wait until the funds appear in your PayPal account. So, let’s begin and learn more about it.

 

How to Transfer Cash from Venmo to PayPal?

You need to follow the steps mentioned below to send money PayPal to Venmo:

Step 1: Link your common bank account to both Venmo AND PayPal

You will need a bank account to facilitate transfers between Venmo, PayPal and other platforms. To link the same account to both platforms, follow these steps:

Link your bank account to Venmo:

·       Log in to your Venmo account by opening the app.

·       Select "Settings" by tapping on the menu icon (3 horizontal lines).

·       Select "Payment methods" and tap "Add a card or bank ..."

·       Enter your bank details by selecting "Bank".

·       Verify your account by following the instructions on screen.

 

Link your bank account to PayPal.

·       Log in to your PayPal account using the app or website.

·       Click "Wallet" then "Link an account."

·       Click "Link Bank" and enter your bank account information.

·       PayPal may ask you to confirm your bank account. This is done by verifying two small deposits that PayPal has made.

 

Step 3: Transfer Money from Your Bank Account to PayPal

You can now transfer money from Venmo into your bank account. Here is how to do it:

·       Log in to the Venmo App.

·       Open the menu by tapping the "" icon.

·       Click "Manage balance."

·       Click "Transfer to Bank"

·       Select the account and enter the amount to be transferred.

·       You can choose between "Instant" (for a small charge) or "1-3 Business Days" (free).

·       Tap "Transfer" to confirm the transfer.

 

Step 3: Transfer money from your bank account to PayPal

You can transfer the funds to your PayPal account after they have been successfully transferred from your bank account.

·       Log in to your PayPal account.

·       Select "Transfer Money" from the "Wallet."

·       Click on "Add Money to Your Balance."

·       Enter the amount that you wish to transfer to PayPal from your bank account.

·       Wait for the funds to show up in your PayPal account (usually 3-5 days).

 

What are alternative methods to send money from Venmo to PayPal?

There are several alternatives to the method available for PayPal send money to Venmo:

Method 1: Debit Card

Some banks offer debit cards that are linked to Venmo and PayPal. You can transfer money from one platform to another if you have a debit card that is linked to both Venmo and PayPal.

·       Link your debit card with Venmo or PayPal.

·       Transfer money from Venmo onto a debit card.

·       Transfer the funds from your debit card to PayPal.

 

Method 2: Use a friend's help

You can ask a friend with both Venmo or PayPal to help you:

·       You can send the amount you want to your friend using Venmo.

·       The friend will then transfer the same amount to your PayPal account.

 

 

FAQ

Can you link Venmo and PayPal?

Venmo and PayPal are not directly connected. You can transfer money using a shared bank account between the two platforms.

 

Can I send money from PayPal to someone who does not have PayPal?

The recipient does not need to have a PayPal Account to receive funds. If they do not already have a PayPal account, they will need to open one to receive the money.

 

Can I send money from PayPal to Cash App?

Direct transfers send PayPal money to Venmo are not available. To transfer funds between the two platforms, you would have to use an intermediary bank account.