Summary
- Moving money from PayPal to Cash App can be done effortlessly by linking your Cash App card or bank account to the transaction sequence.
- The Cash App card transferral works by adding it to your PayPal profile and selecting the card option.
- To perform a bank account transfer you must link the PayPal account with the bank and then activate the transfer and instruct PayPal to add the funds to Cash App through your bank.
The two most prevalent money transfer applications available today are PayPal and Cash App. Despite their convenience PayPal and Cash App must operate within separate financial environments sometimes.
The process of moving money between your PayPal account and your Cash App remains simple no matter why you need this transfer. Two short steps lead you through the process of moving your money between these apps.
How to transfer money from PayPal to Cash App
Transferring money from PayPal to Cash App runs through an uncomplicated procedure. You require only two essentials to perform the money transfer: first, open an account on PayPal and second, create one on Cash App. Consumer need determines either a banking account or Cash App card as a necessity for using this service.
You cannot make direct money transfers between PayPal and Cash App accounts simultaneously. The two methods enable simple money transfers between PayPal and Cash App but require an instant transfer fee.
Option 1: transfer funds using A Cash App card.
The fastest payment method involves connecting a Cash App card to the transaction.
You must obtain a Cash App Cash Card before proceeding if you haven’t already acquired this card. You can directly order Cash App cards through the app which instantly activates digital usage. Before you initiate the transfer you need to connect your Cash App card whether physical or digital to your PayPal account.
Add Cash app card
- Open the PayPal app.
- Tap Wallet.
- Tap Add banks and cards.
- Select Debit and credit cards.
- Scan or enter your card info.
When the Cash App Cash Card is connected to PayPal, sending money to another person is easy. Its nice, but more importantly, it is also very straightforward. When you transfer money from PayPal to Cash App using a Cash Card, the money is deposited directly to your Cash App.
Transferring funds
- Open the PayPal app.
- Tap Wallet.
- Select your PayPal balance.
- Tap Transfer.
- Select Transfer to bank.
In case you have successfully clicked on “Transfer to bank” you will be redirected to a page with numerous transfer options. The only decision you have to make is ensuring that the card you are transferring to is your Cash Card. Other things you will be in a position to decide on is how much money you want to transfer and how quickly you want it transferred.
In standard, it will take 1-3 days for the transfer for no charges. However, if you want to make the transfer fast you can do it for an additional 1.75% fee. The 1.75%, for the instance, you transfer more than $1,428, the fee not only will not increase but also not go beyond $25.
Option 2: Transfer using a bank account
In the instance that you either don’t or can’t, have a Cash Card, you still can send money from PayPal to Cash App. The process just becomes a little more roundabout. The first step in this whole process is to actually have a bank account separate from PayPal or Cash App.
Add your bank account to the PayPal account
In the same vein, if you’re new to the system, you will have to link your Paypal and bank accounts to continue. Nevertheless, there are some provisos in becoming affiliated to your bank account and your PayPal account.
- Open the PayPal app.
- Tap Wallet.
- Tap Add banks and cards.
- Select Banks.
After opening the bank search screen you’ll just need to look for your bank or type in the account on your own. Following that, your bank account and PayPal account will be connected. However, you can’t quite stop linking there.
Link your bank account with your Cash App account
Lastly, you will also want to be able to send money from your bank account to the Cash App, for that, you need both accounts to be connected. Fortunately, the process very straightforward.
- Open Cash App.
- Tap the account icon.
- Select Linked banks.
- Select Link a bank.
After that, you are simply going to follow the prompts on your screen to connect up your bank account. Subsequently, you can come back to the same page and connect your debit card which makes transferring money between your Cash app and bank account a lot easier.
Transferring using your bank account
That brings me to the final step of linking all you accounts to get formally ready for transferring money from your PayPal to your Cash App. Here is the somewhat roundabout process but your money will end up where it needs to be, though.
- Select your PayPal balance.
- Tap Transfer.
- Select Transfer to bank.
- Initiate the transfer.
- Once the money is in your bank account, you would need to open Cash App.
- Tap your Cash balance.
- Select Add Cash.
- Select the quantity your transferred from PayPal and finally tap Add.
Though much more circuitous, the end goal is the same. Your money will now have successfully moved from your PayPal to this Cash App. It should also be understood that, similar to the possibility of transferring to your Cash Card, the amount that can be transferred to a bank account depends on fees based on the speed of the operation. But sending money to Cash App from your bank account does not attract any fees whatsoever.