Can You Transfer Money From Venmo To Paypal?

In this post I’ll be answering the most common question people ask, the question is “Can you transfer money from Venmo to PayPal?“.

But before I do that I want to give you guys an idea on what this two great companies (Venmo & PayPal) are all about, e.g what they stand for.

What Is Paypal

PayPal is an American e-commerce company that specializes in Internet money transfers.

This payment platform allows its users to send and receive money to each other and also purchase goods and services using a secure online platform.

This company was established in 2000, it was formed by a merger between X.Com and Confinity.

In 2002 eBay, the internet auction company bought PayPal for 1.5billion dollars.

In 2015, PayPal became an independent company, but kept it’s relationship with eBay.

The company allows users to link their PayPal account to their bank account, thereby making transfers and other transactions easier.

One of the best features of this company is its security feature. No one can hack your PayPal account unless you give the person access to your account.

It also has a system put in place to deactivate any account that is carrying out any suspicious activity.

If you were to ask me for the most secure online payment platform, I’ll choose PayPal.

What Is Venmo

Venmo is an American mobile payment platform that is owned by PayPal. The company was created in 2009.

The main objective of the company was to make payments of goods and services easier for people living in the USA.

With Venmo you can pay for your plumbing bill, pay for a dinner date, and so on.

This payment platform only works for people living in the United States.

Now that we have an idea of what this two great companies do.

It’s time to answer the question that made you click on this post.

Can You Transfer Money From Venmo To PayPal?

This answer is NO, it is not possible to “directly” transfer money from Venmo to PayPal.

I know this sounds absurd, especially if you put into consideration the relationship of the two payment platform.

It is possible to transfer money using an indirect way.

But for this method to work you must be using the same bank account on both your PayPal and Venmo accounts respectively.

How Do I Transfer Money From Venmo To PayPal Indirectly?

To transfer money indirectly follow the steps below;

1. Open the Venmo app on your mobile device.

2. Go to the ” You tab” and tap transfer balance.

3. Enter the specific amount of money you want to transfer, you can choose “instant” or “1-3 business day“. Please not that if you choose “instant transaction” you Will be charged 1.5% fee but “1-3 biz days” is totally free.

4. Select your bank account, click on the green transfer button

5. Login to your PayPal account.

6. Click on the wallet tab, then transfer money

7. Click add money to your balance

8. Select your bank, enter the amount of money you want to transfer and click on the Add button

Conclusion: Can You Transfer Money From Venmo To Paypal?

Even though PayPal owns Venmo, it is not possible to transfer money directly from one platform to the other.

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