How do I Transfer Money from Netspend to PayPal?

Netspend, a Global Payments Company, is a registered agent of The Bancorp Bank, MetaBank, N.A., and Republic Bank & Trust Company. If you are looking for how to transfer money from Netspend to PayPal, then this might be of help to you.

Founded in 1999, Netspend is a leading provider of prepaid debit cards, prepaid debit Mastercard and Visa cards, and commercial prepaid card solutions, with over 10 million customers served in the U.S. Netspend cards are not a scam. There are several ways you can apply for a Netspend card.

Prepaid debit cards are widely used instead of bank accounts nowadays because they are independent of a bank and offer a slew of benefits. PayPal is a well-known payment gateway that lets you easily send and receive money online without hassle. Knowing how to transfer money from Netspend to PayPal is a great way to maximize your chances of purchasing goods and services online. 

How Does Netspend Works?

Prepaid cards from Netspend are issued by Visa and Mastercard. The Netspend companies work with both state and federally regulated financial institutions to issue cards, which are subsequently guaranteed by the Federal Deposit Insurance Corporation (known as the FDIC).

Consumers can then take advantage of the card’s features, which include person-to-person bank transfers, direct deposit of checks (either from an employer or the government), SMS alerts, a rewards program, budgeting tools, and a tiered-rate savings account.

Can I Send Money from Netspend to PayPal?

Yes, you can transfer money from NetSpend to PayPal and the other way around. All you have to do is to link your PayPal account to your NetSpend account > Verify the link by completing a microtransaction of less than $1 (this amount will depend on your local currency) > transfer any amount of money and the payments will be sent within 3 business days.

How to Transfer Money from Netspend to PayPal Step by Step

The Netspend prepaid card is one of the most popular reloadable cards available. It includes an account number as well as a routing number for money transfers. You can also send and receive money on Netspend from PayPal and vice versa, just like you can with PayPal transactions to other accounts. Here are the steps to transfer money from Netspend to PayPal:

Step1: Link Your Netspend Account to PayPal

Before you may start transferring money from one account to the other, you must first link your Netspend and PayPal accounts together which can be done as follows:

1. Login to your PayPal account.
2. Tap on “Wallet“.
3. Select “Link a Bank account” and wait for the prompt.
4. Next, provide the routing number and account number of your Netspend account.
5. Tap on the “Continue” button to proceed.
6. Review the information one last time before you click on Add Bank Account. This would complete our first step.

Step 2: Verify The Link By Making a Micro-Transaction

After you’ve linked your Netspend and PayPal accounts, you’ll need to verify the connection by sending a small sum from one account to the other. This is referred to as a micro-transaction. Depending on your local currency, this sum can be more or less than $1.

1. Login to your PayPal account.
2. Select “Transfer Money” from the “Wallet” option.
3. Choose to Add Money Online.
4. Next, select Netspend Account on the next page as the source of funds. Choose to transfer $1 or less.
5. Wait for up to 3 days to ensure you receive the funds successfully.

Step 3: Send Money from Netspend Account to PayPal

We’ve reached the final step, in which you can transfer any amount from your Netspend account to PayPal. This is how it’s done.

1. Login to your PayPal account.
2. Select “Transfer Money” from the “Wallet” option.
3. Choose to Add Money Online.
4. Select Netspend Account on the next page as the source of funds. Enter the amount of money that you wish to transfer.
5. Wait for up to 3 days to ensure you receive the funds successfully.