Making the switch from Venmo to PayPal might seem like a daunting task, but it’s actually a pretty straightforward process that can expand your digital payment options. Let’s walk through why you might want to make this change and how to do it smoothly.
Why Consider Moving from Venmo to PayPal?
While Venmo (which is actually owned by PayPal) has become the go-to for splitting bills with friends, PayPal offers some distinct advantages. For starters, PayPal is accepted virtually everywhere online, while Venmo is still primarily used for peer-to-peer transactions in the US. PayPal also provides more robust purchase protection and can handle international transfers, which Venmo currently doesn’t support.
Making the Transition: Step by Step
First, you’ll want to link your existing payment methods to your PayPal account. The good news is that if you’re already using Venmo, you’re probably familiar with this process. Open your PayPal account (or create one if you haven’t already) and add your bank account, credit cards, or debit cards – the same ones you use with Venmo.
Here’s a pro tip: Keep both accounts active initially. In 2025, many people still use both platforms depending on the situation. There’s no need to immediately close your Venmo account; having both gives you more flexibility.
Transferring Your Balance
To move money from Venmo to PayPal, you’ll need to:
1. Transfer your Venmo balance to your linked bank account
2. From there, transfer it to PayPal
Unfortunately, there’s no direct Venmo-to-PayPal transfer option yet, but this two-step process usually takes just 1-3 business days.
Making the Most of PayPal’s Features
Once you’re set up with PayPal, you’ll discover some pretty useful features that Venmo doesn’t offer. For instance, PayPal’s Business Profile lets you accept professional payments without needing a separate merchant account. You can also create and send invoices, perfect if you’re doing freelance work or running a small business.
Security Considerations
One thing I really appreciate about PayPal is its robust security features. While Venmo is secure for casual transactions, PayPal offers additional layers of protection, especially for purchases. They’ll cover you if an item doesn’t arrive or isn’t as described – something to consider if you’re buying from individual sellers or small businesses online.
Remember, both platforms serve different purposes, and there’s nothing wrong with keeping both in your digital wallet. Think of it like having both cash and a credit card – each has its place and purpose. The key is knowing when to use which platform for the best experience and protection.
