Transferring Money from Venmo to PayPal: What Are Your Options?

Due to the absence of a direct payment option, it is not possible to transfer money from Venmo to PayPal directly. You can still do this indirectly by using a linked account. Ensure that your PayPal and Venmo accounts are both linked to the same bank account. Transfer the desired amount to your bank account from your Venmo. Standard transfers can take up to 1-3 days, but instant transfers cost a little more.

Log into your PayPal account once the money has been deposited in your account. Transfer the funds to PayPal. This transfer usually takes a couple of days. This method is the only way to move money from Venmo into PayPal. This process also ensures a secure transfer of money between the two platforms. So, let’s begin and learn different options on can you transfer money from Venmo to PayPal?

Can You Transfer Money from Venmo to PayPal?

There is no direct way to send money from Venmo to PayPal directly. Both platforms are independent and do not allow direct transactions. There are other ways to transfer money, such as through Venmo, PayPal, and linked bank accounts. Let’s look at the steps in this process.

Options for Venmo to PayPal Transfer:

You will need a linked account to transfer money from Venmo into PayPal. Here is how to do it:

Link the same bank account to both Venmo (and PayPal):

• Verify that your Venmo account and PayPal account are linked to the same bank. It is important because it acts as an intermediary in the transfer.

Transfer Money from Venmo to Your Bank Account:

• Open the Venmo App.

• Select “Transfer to Bank” from the menu.

• Select the bank account you want to link and enter the amount of money that you wish to transfer.

• Confirm your transfer. Standard transfers are usually free but can take up to 1-3 days. Instant transfers have a small charge and are processed instantly.

Transfer Money from Your Bank Account to PayPal:

• Log into your PayPal account once the money has been deposited in your account.

• Click on “Wallet” to add money.

• Enter the amount to be transferred and select your linked account.

• Confirm the transfer. Within a few business days, the money should appear in your PayPal account.

What is the difference between Venmo and PayPal?

Venmo and PayPal are both convenient payment options, but they serve different needs and preferences.

Venmo:

• Venmo is used to make payments between friends and family.

• The social feed allows users to comment and share transactions.

• It is popular among young users because of its social features and ease of use.

PayPal:

• Online transactions, international transfers, and business transactions are all common uses of this payment method.

• Protects both buyer and seller with robust protection.

• PayPal is accepted by thousands of merchants around the world.

How to Transfer Money from Venmo to PayPal?

To transfer money from Venmo to PayPal, follow these tips:

• Verify that your PayPal and Venmo accounts are linked to your bank account. This will help to prevent any problems during the transfer.

• Watch your account to see if any transactions are pending. This will ensure that the transfer is proceeding smoothly.

How To Transfer Venmo to PayPal Without a Bank Account?

You can transfer money from Venmo to PayPal without a bank account. For this you need to link a debit/credit card with both these accounts. A third-party service, such as a prepaid card compatible with Venmo and PayPal, can be used instead. Get a prepaid card that you can link to your Venmo account and PayPal account.

• Link this card to your Venmo Account and transfer the desired amount from Venmo onto the prepaid card.

• After the funds have been loaded onto the card, you will be able to link it with your PayPal account.

• Transfer money from your prepaid card into your PayPal account.

How To Get Money from Venmo to PayPal?

You can transfer money from Venmo into PayPal by:

• Transfer the amount to your linked bank accounts.

• Transfer the funds from your bank account to your PayPal account.

FAQs

Can I transfer money from Venmo to PayPal?

There is no direct method to transfer money between Venmo and PayPal. You will need to use an intermediary bank account.

Can you transfer money from Venmo to PayPal without a bank account?

You need a bank to send money from Venmo to PayPal.

How long does it take to transfer money from Venmo to PayPal?

Venmo transfers to your bank typically take between 1-3 days. Transferring money from your PayPal account to your bank can also take several days.