Is It Possible To Transfer Funds From Venmo To PayPal? Find Out Here
Do you want to know can you transfer money from Venmo to PayPal? Well, it is possible to do by through an indirect method. Venmo, as well as PayPal, are two platforms that have been widely used. Even though they are both owned and operated by PayPal, it is currently not possible to transfer funds directly from Venmo into PayPal.
Venmo is not integrated with PayPal. Venmo transactions are treated as normal PayPal transactions, including Venmo-funded PayPal payments. You can do this in just a few simple steps by using your bank account. You can rest assured that this is the most common and convenient solution. Let's begin and learn more about how to send money using these payment services.
Can You Transfer Money from Venmo to PayPal?
There is no direct method to transfer money between Venmo and PayPal. The platforms are independent, even though they share the same parent company: PayPal Holdings Inc. Venmo is a separate platform from PayPal, while both have their ecosystems. Direct Venmo to PayPal transfer is not possible.
Venmo Transfer to PayPal: Alternative Methods
Although a direct Venmo-PayPal transfer is not available, you can still send money between the two platforms by using indirect methods. Here are two alternative ways to transfer Venmo to PayPal:
Use the Bank Transfer Method
• Link both your Venmo account and PayPal to your bank accounts.
• Transfer your desired amount to your bank account.
• After the funds have been deposited in your account, you can transfer the money to your PayPal account.
Debit Card Method:
• This method is available if you have both a Venmo debit card and a PayPal account.
• Withdraw your money from Venmo onto your debit card.
• Add the funds to your PayPal account with the same debit card.
How do I transfer money from Venmo into PayPal?
Direct Venmo money transfers are not possible. You can transfer money between platforms by using your linked bank account or debit card. This method may be more complex than direct payment, but it is a good option for people who need to move money. You can send money from Venmo directly to PayPal. However, you can also use a bank transfer or debit card to get the same results. Here is how to transfer money from Venmo to PayPal:
- Transfer Venmo funds to PayPal.
Follow these steps to transfer money from Venmo to PayPal:
• Link Bank Account
• Verify that your bank account has been linked to Venmo as well as PayPal.
- Transferring money from Venmo to a bank:
• Open the Venmo App.
• Select "Transfer to bank" from the menu.
• Enter the amount and confirm the transfer.
- Transferring money to PayPal from a bank:
• Open the PayPal App.
• Click on "Wallet".
• Click "Add money to your bank account."
• Enter the amount and confirm the transfer.
How to transfer Venmo funds to PayPal without a bank account?
You can also use a debit or credit card that is linked to PayPal and Venmo if you want to use something other than your bank account. Here is how to transfer Venmo to PayPal without bank account:
• First, link a debit card
• Verify that your debit card has been linked to Venmo as well as PayPal.
How to withdraw money from Venmo using a debit card?
If you want to withdraw money from Venmo using a debit card, you need to follow the steps mentioned below:
• Open the Venmo App.
• Choose "Transfer to bank" and select your linked debit card.
• After this you can withdraw money from the debit card.
FAQs
How do you transfer money directly from Venmo to PayPal?
Direct transfers from Venmo to PayPal are not available. You must use a debit card or bank account that is linked.
Can I transfer money from Venmo via PayPal using a debit card?
If the debit card has been linked to Venmo as well as PayPal, then yes.
Why can't you transfer money directly between Venmo and PayPal?
The two platforms are independent and do not allow direct fund transfers.
How can I transfer money quickly from Venmo to PayPal?
The fastest way to transfer money is by using a debit card. However you may need to pay fee for this.