You can Venmo to Zelle. While Zelle and Venmo are separate payment platforms, they both allow users to transfer money electronically. However, there are a few things to keep in mind when using Venmo to send money to someone who uses Zelle.
Firstly, it’s important to understand how each platform works. Zelle is a service that works directly with participating banks, allowing users to send money between linked bank accounts instantly and for free. On the other hand, Venmo is a mobile payment service owned by PayPal that holds funds in your Venmo account, which you can then use to make payments to other Venmo users or transfer to your bank account.
To send money from Venmo to Zelle, you would need to transfer the funds from your Venmo account to your bank account first. Once the funds are in your bank account, you can then use Zelle to send the money to the recipient’s linked bank account.
To transfer funds from Venmo to your bank account, you can follow these steps:
1. Open the Venmo app on your mobile device.
2. Tap on the menu icon (usually represented by three horizontal lines) in the top-left corner of the app.
3. Select “Transfer to Bank” from the menu options.
4. Enter the amount you want to transfer and select your bank account from the list of available options.
5. Tap “Transfer” to initiate the transfer.
It’s important to note that there may be a waiting period for the transfer to complete, usually between one to three business days, depending on your bank.
Once the funds have successfully transferred to your bank account, you can then use Zelle to send the money to the recipient. To send money with Zelle, you typically need the recipient’s email address or mobile phone number associated with their Zelle account. The exact steps may vary depending on your bank’s integration with Zelle, but generally, you would:
1. Log in to your bank’s mobile app or online banking platform.
2. Navigate to the section for person-to-person payments or transfers.
3. Select the option to send money with Zelle.
4. Enter the recipient’s email address or mobile phone number.
5. Enter the amount you want to send.
6. Confirm the details and authorize the transfer.
Once the transfer is complete, the recipient should receive the funds in their linked bank account, usually within minutes.
While you cannot directly send money from Venmo to Zelle, you can transfer funds from your Venmo account to your bank account and then use Zelle to send the money to someone who uses Zelle. It’s important to be aware of the transfer times and any potential fees associated with these transactions, as they may vary depending on your bank and the specific circumstances.