Venmo Instant Transfer: How to Send Money Venmo to Paypal

Venmo Instant Transfer: How to Send Money Venmo to Paypal

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Venmo does not directly support transferring funds to PayPal. However, you can send money from Venmo to your bank account linked to the same PayPal account. Here's a step-by-step guide on how to do it:

  1. Link Venmo to PayPal (if not already linked):
    • Log in to your PayPal account.
    • Go to "Settings" or "Profile" (the exact wording may vary depending on your PayPal interface).
    • Select "Banks and cards" or "Link a bank" option.
    • Follow the prompts to add your bank account.
    • Once linked, you can use your PayPal account to transfer funds from Venmo to your bank account.
  1. Send Money from Venmo to PayPal:
    • Open the Venmo app on your mobile device.
    • Tap on the "☰" icon to access the menu.
    • Select "Settings" from the menu options.
    • Choose "Payment Methods" or "Bank Accounts."
    • Verify that your bank account linked to PayPal is listed here. If not, you need to add it.
    • Go back to the main screen of the Venmo app.
    • Tap on the "☰" icon again and select "Transfer to Bank."
    • Choose the amount you want to transfer from Venmo to your bank account.
    • Confirm the transfer. It may take 1-3 business days for the money to appear in your PayPal-linked bank account.
  1. Withdraw Money from Bank Account to PayPal (Optional):
    • Once the money is in your bank account linked to PayPal, you can transfer it to your PayPal balance.
    • Log in to your PayPal account.
    • Go to "Wallet."
    • Select "Transfer Funds."
    • Choose the bank account from which you want to transfer money.
    • Enter the amount you wish to transfer to your PayPal balance.
    • Confirm the transfer.
    • Please note that there may be fees associated with transferring money between Venmo, PayPal, and your bank account, so it's essential to review the terms and conditions of each service. Additionally, make sure you have sufficient funds available in your Venmo account to cover the transfer.

What is Venmo and how does it work?

Venmo is a social payment service to make and share payments with friends, family, and businesses in the United States. It’s like PayPal, but is unique in that, on Venmo, you can share and like payments through a social feed.

Use Venmo to:

  • Send and receive payments with your email or phone number by using your US bank, debit/credit card, or Venmo balance as the payment method
  • Open a Teen Account for your teens
  • Transfer money to and from your bank account
  • Make purchases with your Venmo Debit Card or Venmo Credit Card
  • Pay using QR codes in-store or on authorized partner apps or mobile websites

PayPal merchants will have an expanded consumer audience in the US as customers can now use their Venmo accounts to make purchases during a mobile PayPal checkout. Merchants’ fees and protections will remain consistent with their PayPal payments, and you don’t have to do anything to complete this integration.

How do I set myself up to send money from my Venmo account to my PayPal account?

At this time, it's not possible to link your Venmo and PayPal accounts. If you want to send money to your PayPal account via Visa+, the first step is making sure your PayPal account is properly set up with a Payname.

Visa+ payments cannot be canceled or reversed, so it’s important to make sure they’re going to the right place.

Once you’re sure you have your PayPal Payname, follow these steps:

  1. Go to the Me tab.
  2. Tap the Settings gear in the top right.
  3. Tap Send Money to PayPal.
  4. Tap Send.
  5. Enter your PayPal Pay name.
  6. Enter the dollar amount you want to send.
  7. Confirm the payment details and then hit Next.

Important:

  • Visa+ payments cannot be canceled or reversed. Please ensure the details are correct. Payments sent to the wrong pay name or account could be lost.
  • You’ll need to confirm the last four digits of the phone number on your PayPal account to complete the payment.
  • It can take up to 30 minutes for the money to get to the other account.

If you have additional questions or would like to learn more about Venmo, please go to our Venmo Help Center or User Agreement. If you need assistance with your Venmo account, please reach out to our Venmo customer support.