A lot of mobile users today may ask themselves, "Why can't I directly transfer my money between PayPal and Cash App? It seems like such a no-brainer!"
Today we're not only going to show you how to transfer money from PayPal to Cash App, but we'll also answer that burning question right now.
A likely reason why you can't easily transfer funds between PayPal and Cash App (or other similar apps), is because all of these money transfer apps are actually competing with each other for your business.
But don't worry! Right now we're going to show you exactly how to transfer your money from PayPal to Cash App, step by step.
Even though we can't directly transfer money from PayPal to Cash App, there is a largely pain-free method to transfer your funds from one to the other;
Let's break each of these steps down below.
First, we'll link PayPal and your Bank account, using whichever checking account you're most comfortable with.
If you've already got this linked up, skip on to the next step!
Now that your bank is linked to PayPal, we'll move the money over from PayPal to your bank.
After this, we'll be all set with PayPal, and everything else will take place inside Cash App.
Before we transfer any money into Cash App, if this is your first time using it, you'll have to set up your account and link your bank - the same checking account we transferred our money from PayPal.
If you already have this bank account linked to Cash App, skip ahead to Step 4!
Finally, we can transfer your money into Cash App through the Add Cash function in the app.
Depending on your choices, bank transfers from money apps can take some time. With a standard transfer, it usually takes 1 business day for the funds to settle, sometimes up to 3 days (usually on the weekends).
Standard transfers are great because they don't cost any extra to perform. Instant transfers of funds will however cost a percentage of your total money transferred.
Make sure you understand the implications of each transfer type before moving your money around.
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