How to Transfer Money from Venmo to PayPal: Step-by-Step?

 Venmo is a mobile payment app that is popular in the U.S., allows users to easily pat for goods and services, send money directly to family and friends and much more. The Venmo transactions take just seconds while Venmo features strong social features including emoticons and messages which enhance user interactions during every transaction.

And similarly, PayPal is also a well-known online payment service, enabling users and businesses to send funds domestically and internationally. PayPal allows personal transfers as well as making e-commerce payments, paying subscription fees, conducting business deals etc. Venmo is even more widely utilized as it connects directly with bank accounts, credit/debit cards etc.

So, both these platforms facilitate payment yet has some key distinctions that differentiate them. However, there is also one query which is can you send money from PayPal to Venmo? As they differ sufficiently the direct transfers between Venmo and PayPal are not possible. However, there are some alternatives methods available. Let's begin and learn how to transfer money from Venmo to PayPal before exploring alternatives and answering frequently-asked questions along the way.

 

How to Transfer Money from Venmo to PayPal: Step-by-Step?

Due to Venmo and PayPal not having built-in features that allow for direct money transfers between platforms. To send money from Venmo to PayPal, you need to link first a bank account and then complete the transfer. Here are the different steps for this:

Step 1: Link Your Bank Account with Venmo or PayPal

·         Open the Venmo app and click on the Menu icon.

·         Go the Settings- Payment Methods, and add a bank or card.

·         Follow the steps and select the bank to complete the connection.

Link Your Bank Account to PayPal

·         Sign in to your PayPal account via either the website or mobile app.

·         Click "Link a Bank Account to My Wallet."

·         Use the bank account that was linked with Venmo.

 

Step 2: Transfer Money from Venmo to Your Bank Account

After linking your Venmo account with the bank, follow these steps to transfer money into it:

·         Open the Venmo app on your smartphone.

·         Click "Manage Balance or Transfer" to check your Venmo balance.

·         Select "Transfer to Bank," and then enter the amount to be transferred.

·         Choose between an Instant Transfer or 1-3 Business Day transfer.

·         Once the transaction has been completed, your funds should appear in your account.

 

Step 3: Transfer Funds from Bank Account to PayPal

Once your funds have arrived in your bank account, transferring it to PayPal should be the next step. Here is how to do it:

·         Log into your PayPal account.

·         Add funds by clicking "Wallet."

·         Select your account number and transfer amount before initiating the transfer process.

·         As soon as you confirm a transfer, funds will appear in your PayPal account.

·         Your money has now been successfully moved from Venmo into PayPal.

Can You Send Money from PayPal to Venmo?

Unfortunately, you can directly send money from PayPal to Venmo. Because PayPal does not support direct transfers to Venmo, the process for doing this is like sending funds from Venmo into PayPal. For this you need to first move the money through your bank before attempting this transfer.

What are the Alternative Methods for Sending Money Between Venmo and PayPal?

Below mentioned are the few alternative ways of transferring funds from Venmo into PayPal:

·         You can send from Venmo to PayPal using debit and credit cards linked with Venmo account. You must link the same card with both these apps.

·         Venmo and PayPal both allows users to send money directly into an associated bank account. You can transfer funds between Venmo, PayPal and your bank by transferring funds from one platform into your bank account then back out again through the Venmo or PayPal.

·         Moreover, the Cash App and Zelle allow users to link their PayPal and Venmo accounts, acting as intermediaries in the transfer of funds.

FAQ

Can you transfer money directly from Venmo to PayPal?

You cannot transfer money from Venmo to PayPal directly. Rather, money must first be transferred into your bank account before being added as Venmo money.

Is there a fee for transferring money from Venmo to PayPal?

Both platforms may charge fees for instant transfers and credit card transactions; specific charges may apply depending on which platform is chosen.

 

Can I transfer money from Venmo to Apple Pay?

Venmo allows users to transfer money directly into a debit card linked to their account for use with Apple Pay - without sending funds directly to Apple Pay itself.

 

Can I send money from PayPal to Venmo using Zelle?

Zelle does not allow direct transfer between PayPal and Venmo. As an intermediary, you would need to use your linked bank account.