If you have funds in your Venmo balance that you'll want to move to your PayPal account, there's a practical way to do it—and of course, you no longer need a bank account for this.
Venmo's new Visa+ feature has been the long-awaited method to seamlessly move funds from Venmo to PayPal in no time, and if you're wondering how to use it, keep reading.
In this guide, I'll walk you through the most straightforward way to transfer money from Venmo to PayPal without using a bank account as a bridge as you usually do.
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Can I Transfer Money From Venmo To PayPal Without Bank Account?
Yes, you can transfer money from Venmo to PayPal without using a bank account as a bridge.
While the most popular way to transfer money from Venmo to PayPal is through a bank account, there's an even straightforward and easy way to move the funds through Venmo's Visa+ feature that allows you to make the transfer without even incurring fees. I think that's a great bummer the app has released so far.
Not only can you use the Visa+ feature to move funds to PayPal but you can also use it to move funds to other wallets including Cash App.
How to Transfer Money from Venmo to PayPal Without Bank Account
Before you can even use the Visa+ feature to transfer funds from Venmo to PayPal without a bank account, you'll have to set up your Visa+ payname on both PayPal and Venmo. The payname is unique for each platform but you can create the same paynames on the two platforms.
The PayPal payname starts with a "+" and ends with a ".PayPal" and should look something like this "+AiMTutorials99.PayPal"
The same thing applies to Venmo with the difference that it will end with ".Venmo" and should look like "+AiMTutorials99.Venmo"
I've made it look even more unique by adding figures to the name so I won't mistakes when sending money.
To create your Visa+ payname on PayPal:
- Log in to your PayPal account and tap Menu.
- Tap Send & receive with Visa+.
- The app will walk you through verifying your identity (if needed) and setting up a payname.
- Tap Agree and activate to set up your Visa+ profile.
To create your Visa+ payname on Venmo:
- Go to the Me tab in the Venmo app.
- Tap the Settings gear in the top right.
- Tap Send & receive money with Visa+.
- The app will walk you through verifying your identity (if needed) and setting up a Payname.
- Your Payname is a username that will be used to receive money to your Venmo account. It cannot be changed.
- Tap Agree and create to set up your Visa+ profile.
Make sure that the payname you create should be as unique as possible to avoid confusion.
Now that you've set up the Visa+ payname on the two apps, it should be very easy to transfer the funds from Venmo to PayPal without using a bank account.
To do so:
- Go to the Me tab in the Venmo app.
- Tap the Settings gear in the top right.
- Tap Send & receive money with Visa+.
- Tap Send.
- Enter the recipient's Payname.
- Enter the dollar amount you want to send.
- Confirm the payment details and then hit Next.
- Remember: Visa+ payments cannot be canceled or reversed. Please ensure the recipient’s details are correct. Payments sent to the wrong Payname or account could be lost.
- You'll need to confirm the last four digits of the recipient’s phone number to complete the payment.
This process is relatively a new one so the funds can take up to 30 minutes to reflect in your PayPal balance.
Other Ways To Transfer Money From Venmo To PayPal Without Bank Account
If you can't set up Visa+ yet, you can consider these other ways to transfer money from Venmo to PayPal without a bank account.
1. Use A Prepaid Card
One of the best ways to transfer money from Venmo to PayPal without a bank account is by using a prepaid card. Both Venmo and PayPal accept prepaid cards some of which include: Netspend Visa Prepaid Card, and Bluebird by American Express.
To transfer money from Venmo to PayPal without a bank account through a prepaid card:
- Purchase a prepaid debit card that is accepted by both Venmo and PayPal.
- Add funds to the prepaid card from your Venmo account.
- Transfer the funds from the prepaid card to your PayPal account.
2. Request Help From A Friend
For most directly impossible transfers, requesting help from a friend is the most common way to get through the limitations you face.
Venmo and PayPal are two popular payment services in the U.S., and if you have a couple of friends, chances are most (if not all) of them probably use Venmo and PayPal for their financial transactions.
All you need to do is to inquire from your trusted friends using Venmo and PayPal if they can send your funds on PayPal and in return, you'll pay through a Venmo payment.
A great way to motivate them is by proposing a little percentage you're willing to pay if they help you.
Hopefully, they'll help in transferring the funds.
3. Use The Venmo Debit Card
The Venmo debit card is a Mastercard that is directly linked to your Venmo balance—which lets you spend money in your Venmo balance in a flexible way as it is accepted everywhere Mastercard is accepted within the U.S.
Using the Venmo debit card is another excellent way to transfer money from Venmo to PayPal without a bank account.
To get the Venmo debit card:
- Open the Venmo app.
- Go to the "Cards."
- Look under Venmo Debit Card to get started.
However, keep in mind that Venmo might require additional information from you before they can mail you the card.
Once you receive the Venmo debit card, you can add it to your PayPal account and use your card as a funding source for your PayPal transactions.
This way, you won't have to go through the hassle of transferring funds from Venmo to PayPal.
Venmo Instant Transfer to PayPal
You can now make instant Venmo transfers to PayPal at no cost through Visa+, Venmo's new feature that allows users send and receive money to and from PayPal in a few minutes. It is safe and convenient to use. You should consider trying it.
Can I Link Venmo to PayPal?
No, you cannot link Venmo to PayPal, just yet. The Visa+ feature just allows you to transfer money between the two apps but not to link them together. However, let's keep our fingers crossed for possible support because if Visa+ was able to see the day, then I believe we'll be able to link Venmo to PayPal shortly.
How Long Does It Take To Transfer Money From Venmo To PayPal Without A Bank Account?
The time it takes to transfer money from Venmo to PayPal depends on the method you use.
If you used the Visa+ method, the transfer can take up to 30 minutes to complete. If you opted out for a friend, then the transfer should be done instantly.
However, if you choose to use the Venmo debit card, the transfer can take up to 7 days (considering the time it takes for Venmo to mail your card).
Nonetheless, this last method can be completed instantly if you already have a Venmo debit card.
What To Consider When Transferring Money From Venmo To PayPal Without Bank Account
When transferring money from Venmo to PayPal without a bank account, it is always important to consider the following:
- Your accounts must be in good standing.
- Venmo does not integrate with PayPal.
- There are many con artists and scammers on both platforms.
- Fees involved to complete the transfer.
How Can I Get My Money Off Venmo Without Bank Account?
The best way to get your money off Venmo without a bank account is by using your Venmo debit card to withdraw funds at an ATM.
You can get your money from any ATM that accepts Mastercard, PULSE, Cirrus, or MoneyPass.
How Do I Transfer Money From Venmo To PayPal Without Card?
To transfer money from Venmo to PayPal without a card, simply use your bank account as a bridge for the transaction. It should take a couple of days for the transaction to complete. But believe me — it is worth waiting if you need to transfer funds without paying fees.
Frequently Asked Questions
Can you transfer money from Venmo to PayPal without bank account?
Yes, while a bank account is the most common way to transfer the funds, you can still transfer money from Venmo to PayPal without a bank account. You can ask a friend to help you out or use the Venmo debit card to transfer the funds.
Can you connect PayPal to Venmo?
No, you can't link or connect PayPal to Venmo since none of the apps feature an option to do so.
Can you transfer money out of Venmo without a bank account?
While you'll basically need a bank account or U.S. debit card to withdraw funds from Venmo, you can transfer the funds to a trusted friend and ask them to repay you through cash or other convenient method, if in case you have issues with your bank account.
Final Thoughts
Venmo and PayPal are two popular payment services that allow people to send and receive payments conveniently.
If you're looking to move funds from Venmo to PayPal without a bank account, you can use the Visa+ feature, which is currently the most straightforward method and it comes at no cost.
This guide compiles the different ways to transfer money from Venmo to PayPal without a bank account.
However, I'll recommend exercising awareness when dealing with these money transfer apps as there is a multitude of con artists always on the lookout for new victims.