How To Send Money From PayPal To Venmo? Try These Quick Method - 6 minutes read


PayPal and Venmo are two separate payment platforms, both owned by PayPal Holdings, Inc. However, they have historically operated as separate systems, and direct transfers between PayPal and Venmo were not officially supported.


It's important to note that platform capabilities and features can change over time, so I recommend checking with PayPal and Venmo's official websites or customer support for the most up-to-date information on their transfer options.


Here's a general outline of how you might approach it, though the exact steps may vary based on any changes that have occurred since my last update:


How To Send Money From PayPal To Venmo?


PayPal and Venmo are both popular digital payment platforms, but they operate independently, and direct transfers between the two services were not officially supported. However, you could potentially accomplish this by using an intermediary bank account. Here is Send Money From PayPal To Venmo:


Link a Bank Account or Debit Card:


Make sure that you have both your PayPal and Venmo accounts set up.


Link a bank account or a debit card to your PayPal account, if you haven't done so already. To do this, log in to your PayPal account, navigate to "Wallet," and then choose "Link a bank account" or "Link a debit or credit card."


Transfer to Linked Bank Account:


1. Log in to your PayPal account.

2. Click on "Transfer Money" or a similar option, depending on your PayPal interface.

3. Select the linked bank account as the destination.

4. Enter the amount you want to transfer from PayPal to your bank account.


Transfer from Bank Account to Venmo:


1. Log in to your bank account's online portal or app.

2. Initiate a transfer from your bank account to your Venmo account.

3. You might need to use your Venmo account's routing and account numbers to set up the transfer. You can find these details in your Venmo app or account settings.

4. Confirmation and Wait Time:


Confirm the transfer from your bank to Venmo, and be aware of any processing times that might apply.


How To Transfer Money From Venmo To PayPal?


There isn't a direct and official way to transfer money from Venmo to PayPal or vice versa. Both Venmo and PayPal are owned by PayPal Holdings, Inc., but they are separate platforms with their own ecosystems. However, you might consider using an intermediate step involving a bank account. Here's a step-by-step guide:


Link Bank Accounts: Ensure that both your Venmo and PayPal accounts are linked to the same bank account. This will serve as the intermediary for the transfer.


Withdraw from Venmo to Bank: Transfer the desired amount from your Venmo account to the linked bank account. To do this:


1. Open the Venmo app.

2. Tap the three horizontal lines (menu) in the upper left corner.

3. Choose "Transfer to Bank" or a similar option.

4. Follow the prompts to initiate the transfer.


Deposit to PayPal from Bank: After the money has arrived in your bank account (usually takes 1-3 business days), you can then deposit it into your PayPal account:


1. Log in to your PayPal account.

2. Click on "Wallet" or a similar option.

3. Choose "Add Money."

4. Follow the instructions to add funds from your bank account.


How To Transfer Venmo To PayPal Without Bank Account?


If you're looking to transfer funds between PayPal and Venmo without using a bank account, it's important to note that both platforms generally require a bank account for transactions. If you're trying to avoid using your personal bank account, you might explore using a prepaid card or a peer-to-peer payment service that can link to both platforms.


Method 1: Using a Trusted Friend or Family Member


Find someone you trust: You would need a friend or family member who has both a Venmo and a PayPal account and is willing to help you with the transfer.


Agree on the amount: Discuss the amount you want to transfer and any associated fees. Both platforms might have fees for transferring between accounts.


Transfer on Venmo: Transfer the agreed-upon amount to your friend or family member's Venmo account.


Transfer on PayPal: Once they receive the funds on Venmo, they can send an equivalent amount to your PayPal account. You might need to provide them with your PayPal email address or mobile number associated with your account.


Method 2: Using a Prepaid Debit Card


Obtain a prepaid debit card: Get a prepaid debit card that you can link to your Venmo account. Make sure that the prepaid card allows for transfers or withdrawals.


Link the prepaid card to your Venmo: Add the prepaid card to your Venmo account as a funding source.


Transfer to the prepaid card: Transfer the desired amount from your Venmo balance to the prepaid card.


Add the prepaid card to PayPal: If PayPal allows adding prepaid cards, link the prepaid card to your PayPal account.


Withdraw to PayPal: Use the prepaid card as a funding source to add funds to your PayPal account. Keep in mind that PayPal may charge fees for such transactions.


Important Notes:


Be cautious of potential fees: Both Venmo and PayPal might charge fees for transferring money or using non-standard methods.


Violation of terms of service: These methods might go against the terms of service of both platforms. Transferring funds directly between payment platforms without a bank account could be seen as a violation and could result in the suspension or termination of your accounts.


Verify with customer support: If you're looking for a legitimate way to transfer funds between these platforms without a bank account, it's best to consult with Venmo and PayPal customer support. They can provide you with accurate information on what options are available and within their terms of service.


FAQs


Can I transfer money from Venmo to PayPal directly?

As of my last update, there was no direct way to transfer funds between Venmo and PayPal.


Can I link my Venmo account to my PayPal account?

These platforms are separate, but it's best to check their latest terms and conditions to see if this has changed.


Can I use a credit card to transfer between Venmo and PayPal?

Typically, both platforms encourage linking bank accounts for transfers. Using a credit card might involve extra fees.


What's the difference between PayPal and Venmo?

PayPal is often used for online transactions and payments, while Venmo is more focused on peer-to-peer transactions, like splitting bills among friends.


Can I withdraw funds from Venmo without a bank account?

Usually, both platforms require a bank account or a linked financial account for withdrawals.


Are there fees for transferring between Venmo and PayPal?

Fees can vary based on the platform, the type of transfer, and the funding source. It's important to review the latest fee schedules.


Is it safe to link my bank account to Venmo or PayPal?

Both platforms have security measures in place, but it's important to follow best practices for online security and keep an eye on your accounts.