Sending money between popular payment apps like PayPal and Cash App is extremely common these days. But you might be wondering – how exactly can I transfer funds from my PayPal account to my Cash App balance?
The process is pretty straightforward once you understand the steps. In this detailed guide, I‘ll walk you through how to send money from PayPal to Cash App in just 3 easy steps.
How To Transfer Money from PayPal to Cash App: A 3 Step Process
While PayPal and Cash App don‘t have a direct integration, moving money between the two platforms is simple when you connect them via your bank account.
Here are the 3 key steps we‘ll cover:
- Transferring money from PayPal to your bank account
- Adding funds to Cash App from the same bank account
- Confirming the money is available in your Cash App balance
I‘ll explain each step of the process in detail, with photos and tips to help you along the way.
By the end, you‘ll be a pro at moving money from PayPal to Cash App! Let‘s get started.
Step 1: Transfer Money from PayPal to Your Bank Account
The first step in getting your money from PayPal to Cash App is to transfer funds from your PayPal account to your connected bank account.
Here‘s how to complete this transfer:
A. Access the Transfer Money Page in PayPal
Log into your PayPal account on the website or mobile app. From your main PayPal dashboard:
- On the website, click the "Transfer Money" link at the top of the page.
- In the mobile app, tap the "Transfer Out" icon on the homepage.
This will bring you to the Money Transfer page where you can move money between PayPal, your bank, and cards.
PayPal‘s Transfer Money page
B. Select Your Bank Account
In the "Transfer to your bank" section:
- Choose the amount you want to transfer from PayPal. You can send all or just a portion of your balance.
- Select the bank account you want to send the funds to from the dropdown menu.
Make sure this is the bank account linked to your Cash App, which we‘ll use in step 2.
Selecting bank account in PayPal to transfer money to
C. Confirm the Transfer
Double check that the amount and bank account are correct. Then complete the transfer by clicking "Transfer Funds".
You may need to enter your PayPal password or confirmation code sent to your phone depending on your account security settings.
Once processed, the money will be on its way from PayPal to your bank account!
Tips for Transferring from PayPal to Your Bank
Here are some tips to ensure your PayPal to bank transfer goes smoothly:
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Make sure you have enough funds available in your PayPal balance to fully cover the amount you‘re sending.
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Transfers of larger dollar amounts may require additional identity verification for security. Consider splitting big transfers into smaller amounts if needed.
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PayPal limits you to 5 bank account transfers per day, with a maximum of $10,000 per transfer.
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Transfers on weekdays (Monday through Friday) are fastest, usually arriving in your bank account within 1-3 business days. Weekend or holiday transfers can take longer.
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PayPal does charge a fee for bank transfers in some countries. Check their transfer fee table first so you know what to expect.
And that covers step 1 – transferring your money from PayPal to your connected bank account!
Step 2: Transfer Money from Your Bank to Cash App
Now that the money is in your bank from PayPal, it‘s time to transfer it into your Cash App balance.
Connecting your bank account to Cash App takes just a minute. Then you can instantly add funds to your Cash App balance.
Here‘s how to complete the bank transfer into Cash App:
A. Link Your Bank Account to Cash App
Inside the Cash App, tap the profile icon in the top-right corner and select "Cash & BTC" from the menu.
Press the "Add Bank" button and enter your account details to link your bank to Cash App.
Linking a bank account to Cash App
This bank account should be the one you transferred the money from PayPal into in step 1.
B. Transfer Money from Bank to Cash App
Once your bank is linked, press "Add Cash" and enter the amount you want to transfer from your bank to Cash App.
Then select the bank account and complete the deposit. The money instantly appears in your Cash App balance!
Adding money to Cash App from linked bank account
Tips for Transferring from Bank to Cash App
To ensure a smooth bank transfer into Cash App:
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Confirm your bank account is properly linked and verified in Cash App first. This speeds up future transfers.
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Be aware of Cash App‘s weekly limits on bank transfers:
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$7,500 in instant transfers
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$25,000 in standard 1-3 day transfers
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Larger bank transfers may be briefly on hold while Cash App verifies the activity. Just reach out to their support team if you run into any issues.
And that‘s it – your money from PayPal is now available in your Cash App account and ready to use!
Step 3: Confirm the Transfer in Cash App
The last step is to open up your Cash App and confirm the funds completed the transfer and are showing in your available balance.
Here‘s how to view your Cash App balance and account activity:
A. Check Your Cash App Balance
In the Cash App, tap on your profile picture in the top right corner. Go to the "Cash & BTC" section.
Checking your Cash App balance
This will show your total dollar balance that‘s available to send, spend, or withdraw. Verify your PayPal transfer money was added.
B. Review Account Activity
From the "Cash & BTC" section, you can also tap into your full account activity feed.
Cash App account activity feed
Double check the bank transfer from PayPal is listed in your activities.
If the expected transfer hasn‘t shown up, reach out to Cash App support to look into it before spending the funds.
Transfer Checklist
To recap the key steps:
- Move money from PayPal to connected bank account
- Add funds to Cash App from the same bank
- Verify money was received into your Cash App
And that‘s all there is to it! Just 3 quick steps to send money from PayPal to Cash App.
Why Transfer Money from PayPal to Cash App?
Now that you know how to move funds between the two platforms using your bank account, you may be wondering why you‘d want to make the transfer in the first place.
Here are 3 great reasons to send money from PayPal to Cash App instead:
1. Transfer Money Instantly to Friends
One of the best uses for Cash App is sending money instantly to friends and family.
In 2021, Cash App reported having over 70 million annual active users, with 30% using it as their primary payment method over other apps.
Instead of waiting the 1-3 days for PayPal bank transfers, you can move money into Cash App from PayPal then instantly send it for free to anyone else with Cash App.
It‘s the fastest way to get money to friends when you‘re splitting bills, paying rent, or sharing costs.
2. Withdraw Cash Easily
Getting your hands on physical cash from your PayPal balance can be a hassle.
You need to transfer it out to a bank, then find an ATM to withdraw the money.
With Cash App, once your money is available in your Cash App balance, you can immediately withdraw it as cash using your free Cash Card.
This prepaid debit card is linked to your Cash App account and lets you instantly spend or withdraw your funds.
In 2021, Cash App users took out over $50 billion in withdrawals at ATMs and stores using Cash Cards. It‘s a quick and convenient way to access your cash.
3. Avoid PayPal Fees
One of the best perks of Cash App is that it offers totally free bank transfers and payments.
PayPal charges fees for receiving money from sales and transfers to bank accounts in many countries. Their fee structure can get confusing with all the variables.
Cash App lets you easily move money from PayPal for free before it gets hit with fees, so you can hold, spend, or send your full balance.
Diving Into the PayPal and Cash App User Demographics
To give some helpful context around the two platforms, let‘s analyze some key user statistics for both PayPal and Cash App.
PayPal User Demographics
As an online payment processing pioneer founded in 1998, PayPal is popular across all demographics, but skews towards older generations:
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377 million active user accounts worldwide
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Most popular among ages 45-54
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56% male, 44% female users
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Highest usage by age group:
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45-54 years: 16.7% of users
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35-44 years: 16.1% of users
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PayPal continues to be adopted most among middle-aged adults in their 30s-50s, but also sees decent usage across both younger and older generations.
Cash App User Demographics
Cash App has exploded in popularity with younger users since launching in 2013:
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Over 70 million active users
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Most popular among ages 18-29
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Nearly evenly split between 53% male, 47% female users
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Highest usage by age group:
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18-29 years old: 57% of users
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30-44 years old: 31% of users
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So Cash App dominates with Gen Z and Millennial users under 30, though still maintains a strong user base among those in their 30s and 40s as well.
The demographic differences can influence which app you prefer to use. But knowing how to transfer money between the two is helpful for all users.
Final Thoughts: Quickly Move Money from PayPal to Cash App
As you can see, transferring funds from PayPal to Cash App only takes a few simple steps when you use your bank account as the go-between.
Here‘s a quick recap:
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Log into PayPal and transfer money to your bank
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Open Cash App, link the same bank, and add funds
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Check that the money arrived in your Cash App balance!
While the platforms don‘t have a direct integration, this process allows you to quickly and easily move money between the two services.
Cash App offers plenty of advantages in terms of free transfers, withdrawals, and lightning-fast payments. So once you get the hang of the transfer process, you can enjoy greater flexibility and convenience with your money.
Whether you want to pay friends, access cash fast, avoid fees, or unlock investing options, transferring from PayPal to Cash App is the way to go.
I hope this guide helped explain the easy process so you can start moving money like a pro! Let me know if you have any other questions.