When talking about popular P2P payment platforms, we cannot bypass some popular options like PayPal and Green Dot. And being very popular, it is but normal that one should think one day of sending money from one platform to the other one.
Well, apart from Green dot and Paypal, we have other platforms like Cash App, Zelle, Venmo, Apple Cash, Google pay, and many others where you can send and receive money, and where you can temporarily store cash for use either in subscriptions or payments.
But without any further ado, we will take you straight into this article, showing you how to send money easily from PayPal to Green Dot and/or Green Dot to PayPal right now.
How to Transfer Money from Green Dot to Paypal
Understanding Green Dot
If you are new to this and don't know what Green Dot is, then you should know that Green Dot is an American financial technology and bank holding company headquartered in Austin, Texas.
It is considered to be the world's largest prepaid debit card company by market capitalization. And it is also a payment platform or company, and Apple Cash, Uber, and Intuit all use the technology provided by Green Dot Corporation.
Green Dot mostly deals with Prepaid Debit cards, and they provide you with Discover, MasterCard, or Visa Cards. Whereby you can use any of them for your transactions.
Two Main Methods to Send Cash from Green Dot to Paypal
If you have funds stored in your Green Dot account and want to transfer them to your PayPal account, this written article will guide you through the steps.
There are two main methods we will be guiding you through below. While direct transfers between Green Dot and PayPal are not available, there are alternative methods you can use to accomplish this transfer. And below, we will show you two of these alternative methods.
Method 1: Moving Funds to a PayPal Cash Card
Our first method is to send your Green Dot funds to a PayPal Cash Card, which is directly linked to your PayPal account. And to do it, follow these steps below:
Step 1: Obtain a PayPal Cash Card:
How will you send money to your PayPal Cash Card if you do not have one? Well, if you don't already have a PayPal Cash Card, you can request one from PayPal on the paypal platform.
This card functions like a debit card. And the same way a debit card is linked to a bank account balance, the PayPal Cash Card is also linked to your PayPal balance.
Step 2: Add the Money to the PayPal Cash Card:
From here now you will have to send the money to your PayPal Cash Card since you already have one. To do that, follow the steps as shown below:
Via PayPal:
- Log into your PayPal account
- Then choose the option to add funds.
- Select your Green Dot account as the funding source
- Make sure to specify the amount you want to transfer.
Direct Transfer: If you have a Green Dot debit card, you can use it to make purchases directly through PayPal.
Step 3: Use PayPal Cash Card:
Once you have sent the money to your PayPal Cash Card, you can now use the money transferred to make purchases and online transactions. Or you can still decide to withdraw the cash at an ATM since the PayPal Cash Card is accepted at ATMs.
Method 2: Using Your Bank Account
Another way to transfer money from Green Dot to PayPal is by connecting your Green Dot account to a bank account that is linked to your PayPal account. And to do so, follow these main steps provided below:
Step 1: Log in to your Green Dot Account
The first thing to do is to login to your Green Dot account, either on their official website, or you can login on the mobile app downloadable on the site, on Play store, or App store. Try not to forget your login credentials.
Step 2: Link Your Bank Account to your Green Dot
Once you have logged into your account, you then have to link your Green Dot Account and your bank account, then follow the instructions given below;
- First of all enter your Green Dot account (on site or app), and navigate to the settings or profile section.
- Search for an option in the app related to linking a bank account.
- Provide the necessary information for your bank account, including the account number and routing number.
Step 3: Verify and Confirm
Green Dot will automatically initiate a verification process immediately after you have confirmed your details. This is to ensure the bank account you provided is valid and belongs to you.
This verification process may involve sending a small deposit or a micro transaction. Follow all the instructions provided to complete the verification process.
Note that if you make a mistake when filling in your account details, you will not be allowed to link the accounts since you won't have any bank account.
Step 4: Link PayPal to Your Bank Account
Now that you've linked your bank account and Green Dot, now you have to link your bank account and your PayPal account if it was not linked yet (If it was already linked, then you can skip this step). Follow the instructions below;
- Start by logging into your PayPal account.
- Go to the "Wallet" section and select "Link a Bank Account."
- Enter the required information for the bank account that you linked to your Green Dot account.
- PayPal will send small deposits or request a microtransaction to verify the account.
Step 5: Confirm Bank Linked with PayPal
After the verification process is complete, you can now confirm the bank account within PayPal to enable transfer functionality. This allows you to move money from your Green Dot-linked bank account and then from your bank account to your PayPal account easily.
Conclusion on Cash Transfer from Green Dot to PayPal.
Green Dot and PayPal are two online P2P platforms. And most of these online transfer platforms are in competition, and don't allow a direct way of transfer of money between them.
However, we have provided two ways above namely, using the PayPal Cash Card, and using a bank account as third-party platform. You are free to choose the method that suits your needs better.