Business

How to Transfer Money from PayPal to Cash App (2+ Methods)

Nowadays transferring money instantly become very easy and simple. Now, you can transfer money from your bank account or card to anyone if you have basic information about where to send money. In the last 2 to 3 years, many platforms created that can transfer money from your bank account to anyone instantly. In the post, we will guide you on how to transfer money from PayPal to Cash App, as the process is a little bit tricky.

Cash App and PayPal both platforms are both very popular apps and there are some extra features in both apps that’s why in some situations you may need to transfer money from one platform to another. For example, if I want to buy Bitcoin or stocks from the Cash App I can buy from it but there are no features in PayPal to do it directly.

On the other side, you can make international payments using PayPal very easily but this feature is not available in the Cash App. So, if you are using both these popular apps PayPal and Cash App then in some situations you may need to make transactions between these apps or platforms.

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What is PayPal

PayPal is a platform that allows users to transfer money online, pay almost all types of bills, do online shopping, international money transfer, receive money from other countries using PayPal, digital wallets, and many more.

PayPal is worldwide popular for international payments and this app works in almost every country and lets you transfer money instantly but there can be a small fee and currency conversion rates and charges.

You can transfer money from PayPal to anyone, pay bills, and do online shopping using any bank account or card by linking it with PayPal. As in some banking platforms, transferring money is a little bit complex and time-consuming process and the PayPal makes both things easy and instant.

PayPal also provides a digital wallet where you’ll receive your money and you can also add money from your card and bank account. Making payments through a card and bank can be a little bit time-consuming but using PayPal wallet you can do it constantly. For multiple payments you should not use your card or bank account, simply add the money in your PayPal wallet according to your spending and make payment through it.

What is Cash App

Cash App is also working on the same principle to make payment online instant. In the Cash App, there are a few limitations and strengths also. That makes the app different and millions of people love the Cash App as well.

Using Cash App you can also transfer money to anyone but within the country as the Cash App does not work in almost all the countries. So, for international transactions, you can not use the App.

Cash App contains a lot of features that help a lot in day-to-day life like Custome Cash App Visa Debit card, buy sell stock, bitcoin, check cash in almost a few minutes, and many more.

In the app, there are money-saving features to save money to complete or achieve any financial goal in your life. If you save money using the Cash App in the app then you’ll get also 4.5% interest on your money.

While PayPal charges some fees on money transfers buy Cash App does not charge and there is no transaction limit, which means you can make unlimited transactions using the App and there is no hidden fee.

How to Transfer Money from PayPal to Cash App?

Let me clarify one thing there is no direct method to transfer money from PayPal to Cash App or Cash App to PayPal App. These two apps or platforms are just a medium to transfer money in their apps, banks, cards, etc.

But it does not mean that there is no way to transfer money from PayPal to Cash App. Below we shared two methods to transfer money from PayPal to Cash App. These methods can be a little bit time-consuming (a few extra minutes) and fees and other charges can be also applied.

In this method, a bank account will be used to perform the transactions. This method also works instantly and in the steps, a few minutes can be taken extra as there is no direct method.

Note: PayPal may charge a fee to transfer money so, check the charges before making any payment and most probably Cash App will not charge for it.

Method #1: Transfer Money Using A Bank

  • Step 1: PayPal allows you to transfer money to almost every bank account. So, in the first steps transfer the desired money into a bank account. Make sure you also check the fee to transfer the money.
  • Step 2: You need to enter just your bank account details in your PayPal account to transfer money.
  • Step 3: Once all details are added then cross-check and check the charge as well and transfer the money to your bank account.

Note: In case, if do not know how to transfer money from PayPal to your Bank account then watch the below video to learn.

  • Step 4: Once you receive money in your bank account, then open your Cash App.
  • Step 5: Click on the “$” icon in the Cash App. It can be located at the left bottom of the screen.
  • Step 6: Click on the “Add Cash” button, where have a link to the same bank account or debit card in which you have money. The linking process is very simple and easy
  • Step 7: Once the bank account or card is linked then you can add money from the bank.

Note: As you have seen this method does not directly send money from PayPal to Cash App but can indirectly you can transfer.

Method #2: Using Crypto Coins

This method also does not transfer money directly, as you can see here we will transfer money using Crypto Coins and in this method, the fee can be very high as compared to the previous method as in the previous method there is a fee-only in certain conditions.

If you use both platforms PayPal and Cash App then most probably you noticed or know that both platforms allow buying, selling, and seeing crypto coins. So, in the method, we are going to do the same thing but using a few rules to give no fee indirectly.

In Cash App, you can only buy, sell, and send Bitcoin not any other Cryptocurrency. On the other side, there are many cryptos available in the PayPal app to buy, sell, and send.

Note: Suppose you want to transfer $100 from PayPal to Cash App using this method, the actual amount can be less because we will buy and sell Bitcoin many times and we will transfer it too. So, there will be a lot of charges. So, we do not recommend you to use this method, it is very risky.

  • Step 1: Open PayPal and go to “Finances”.
  • Step 2: Tap on Crypto, and locate the Bitcoin.
  • Step 3: Buy “Bitcoin” with the desired amount you want to transfer in the Cash App.
  • Step 4: Check all the charges and if you are comfortable then buy it.
  • Step 5: Once they buy the Bitcoin then in the next step we will transfer it.

Follow the below steps to transfer Bitcoin in the Cash App.

  • Step 1: Cash App and click on the “$” icon and click on the Bitcoin which is below the “Add Cash” button.
  • Step 2: On the page click on “View Bitcoin Address”. We’ll use the address to send Bitcoin from PayPal to Cash App.
  • Step 3: Here, you will see your “Bitcoin address” and many more things also. Click on the “Copy” button to copy the address.
  • Step 4: Open “PayPal” and click on the “Finances” button, you can find the button at the bottom of the screen.
  • Step 5: On the top of the screen you’ll see many options like “Balance”, “Savings”, and “Crypto”. Click on the “Crypto” button.
  • Step 6: Under the Crypto, you’ll the coins you bought and some other things as well.
  • Step 7: Click on “Bitcoin” and on the button right side of the screen you’ll see an “arrow” button on the right side of the buy and sell button. Click on the “Arrow” button.
  • Step 8: After clicking on it, you’ll see two buttons “send” and “receive”. Here you have to click on the “send” button.
  • Step 9: Once you click on it, you’ll see all your contacts that are using the PayPal app but these are useful when you are transferring Crypto to another PayPal account.
  • Step 10: On the page, you’ll see a search bar option and in the search bar option you have to paste the “Bitcoin Address” you copied from the Cash App. Make sure you cross-check the address because once the Bitcoin is sent to the wrong address, you’ll be not able to get it back at any cost.
  • Step 11: After pasting the “Bitcoin Address” you’ll see a “send” button with your “Bitcoin address” on the screen. If the address is current then click on the “Arrow button”.
  • Step 12: Enter the amount you want to send and click on the “Next” button. After some time, you can see your Bitcoin in the Cash App.

In case, you cannot follow the above steps, then simply watch the below video to understand the process very easily.

Once you receive the Bitcoin in the Cash App, then you can sell the Bitcoin. Once the Bitcoin is sold then you’ll receive the money for the amount you sold.

Note: There are very high chance you’ll pay a lot of fees in the transaction but you can recover it very easily when you do the transaction when the Bitcoin is going up. As a result, if you are lucky the value of the Bitcoin will be increased and you can get more money.

On the other side, in case the price of Bitcoin falls then the value of the Bitcoin can be less also. But if you transfer the Bitcoin and sell it instantly then there are very low chance of it.

FAQs

Can I link my Cash App Card to PayPal?

Yes, you can link your Cash App Card to PayPal and the linking process is the same as other Cards. Once the card the linked then you’ll able to make payment directly from the Cash App Card through PayPal.

Can you get money on PayPal Without a Bank Account?

In some countries, you can get money in the PalPal account like the US, UK, etc. But in countries like India, you’ll receive the money into PayPal first, and within 24 hours PayPal will automatically transfer the money into the linked bank account. So, check it for the country in which you are living.

Can I transfer money from PayPal to Cash App?

Yes, you can transfer money from PayPal to Cash App but you can not do it directly. In the post, we shared two methods to transfer money from PayPal to Cash App very easily.

Conclusion

Thousands of people don’t know how to transfer money from PayPal to the Cash app and they also think that it is not possible to send as there is no direct method or feature to transfer money. But there are two methods to achieve the gold we explained in very detail in the post. Where one method is very simple and almost charge-free but the second method is a little bit complex.

Read and learn both methods as in the future it can help you to transfer money in the Cash App. From our side, we strongly suggest you go with the first method i.e. transfer money using a bank account because it is very simple and easy. Here you have to pay almost 0 fee for the transaction which depends on certain conditions.

bijendra

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