Varo Bank does work with PayPal.
An official statement from Varo Bank on their support section confirms that Varo does work with PayPal:
"Yes, you can add your Varo Bank Account as a funding method for PayPal. You can also transfer funds out of PayPal into your Varo Bank Account. Please contact PayPal for specific instructions."
That said, let's see how you can actually transfer money between the two platforms
How To Transfer Money From Varo To PayPal
There are three simple steps involved in transferring money from Varo to PayPal.
The first step involves gathering information about your Varo bank account. The second step will be to link your Varo bank account to your PayPal account, and the last step will be to transfer the funds from Varo to PayPal.
1. Gather Information About Your Varo Bank Account
The first and foremost step to take when looking to transfer money from Varo to PayPal is to gather information about your account.
The main information here is your routing and account numbers. However, if you'd like to link your Varo debit card to PayPal instead, you'll need to get your Varo debit card details.
2. Add/Link Your Varo Bank Account to PayPal
Linking your Varo bank account to your PayPal account is an important step to transfer money from Varo to PayPal.
You can link your Varo bank account or your debit card to PayPal directly and transfer funds from it.
You may need your Varo account number and routing number when linking manually.
Follow the steps below to link your Varo bank account to PayPal.
- Go to Wallet.
- Click Link a card or bank.
- Click Link a bank account.
- Search for Varo Bank or select it from the list.
- Enter your bank account details manually and click Agree and Link.
Your bank account will be quickly verified once this information is entered correctly.
If you manually enter your bank account number, you will be asked to verify your bank account.
Completing this step is crucial to use your bank account to make payments or add money to your PayPal account.
3. Transfer Money from Varo to PayPal Balance
Now that you've linked your Varo bank to your PayPal account, you can transfer money from Varo to PayPal without hassle.
The steps are as easy as adding money to your PayPal account.
Follow the steps below to transfer money from Varo to PayPal.
- Go to your Wallet.
- Click "Transfer Money."
- Choose "Add money from your bank or debit card." Enter the amount.
- Choose either "In seconds with debit" or "in 3-5 days with your bank".
How Long Does It Take To Transfer Money From Varo To PayPal?
It usually takes 1 to 3 business days for the money to be transferred from a linked bank account to your PayPal account.
This means a successful transfer of funds from Varo Bank to PayPal can take up to 3 business days to complete.
However, the transfer can be completed almost instantly or within minutes if you transfer the funds from your Varo debit card.
How To Transfer Money From PayPal To Varo
Transferring money from PayPal to Varo is an easy process once your Varo bank account has been linked to PayPal.
The process is as simple as withdrawing money from PayPal to your bank account.
- Go to Wallet.
- Click Transfer money.
- Click Withdraw from PayPal to your bank account.
- Select the bank account you're transferring the money to and click Next.
- Enter the amount and click Next.
- Review your request and confirm the transfer.
Final Thoughts
Varo Bank is a mobile-only bank account app that uses cutting-edge technologies to assist customers in improving their financial situation.
PayPal is a secure online payment system that allows you to pay for products online and send and receive money.
Varo officially announced its compatibility with PayPal, which means users can transfer funds between both apps without hassle.
