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Transfer Money From a Walmart MoneyCard to PayPal [Full Guide]
Fintech

Transfer Money From a Walmart MoneyCard to PayPal [Full Guide]

David Francione

Last Updated on September 23, 2023

Quickly I will show you how to transfer money from a Walmart MoneyCard to PayPal in few steps. The Walmart MoneyCard is a reloadable prepaid card that may be used to send money to people without any fuss, pay bills, and make purchases.

Transferring money from your Walmart MoneyCard to PayPal is a terrific method to use your cash extremely flexibly if you’re seeking a means to extend the usage of your balance.

Walmart is one of the biggest retailers in the US, facilitating both in-person and online purchases of goods and services, while Paypal on the other hand is a global provider of money transfer services and offers its services online. For this reason, a Walmart Money card can be used with PayPal.

Table of contents
  1. How to Transfer Money from Walmart MoneyCard to PayPal
  2. Things You Can Do with Your Walmart MoneyCard.
  3. Features of the Walmart MoneyCard app:
  4. Is it Better to Transfer money from a Walmart money card to PayPal?
  5. Conclusion

How to Transfer Money from Walmart MoneyCard to PayPal

how to transfer money from Walmart MoneyCard to PayPal

Because PayPal is compatible with Walmart MoneyCard, moving funds from Walmart Money Card to PayPal is a simple process.

For each of your purchases, you can quickly transfer money from your Walmart MoneyCard to PayPal. As I have said, PayPal lets you add payment cards to your account to finance transactions. You may use PayPal to complete a variety of transactions, such as purchasing products and services and transferring money to other people.

Using the right procedures, you can transfer money to both your own bank account and another person’s bank account. You must first add the Walmart MoneyCard to your PayPal account before using it to finance transactions in order to transfer funds from the card to PayPal. To add a debit card to PayPal, follow these instructions.

But before you are able to transfer money from Walmart MoneyCard to PayPal, you must first link a Walmart MoneyCard to your PayPal account.

Steps to Transfer money from Walmart MoneyCard to PayPal

  1. Open the PayPal Application on your device.
  2. Go to the Wallet page.
  3. Tap a “Link debit or credit card” to link it.
  4. Click “Link Card” after entering the Walmart MoneyCard information (card number, CVV, and expiration date).
  5. To finish the 3DS verification, adhere to the next set of instructions presented to you on the application.

Things You Can Do with Your Walmart MoneyCard.

Walmart MoneyCard

Walmart MoneyCard

Instead of looking to transfer money from your Walmart MoneyCard to PayPal, there’re things you can do with your Walmart MoneyCard.

Here are quite a few of them.

Make a withdrawal from ATMs

At many ATMs located all throughout the nation, you may quickly withdraw money from the card. A day’s worth of withdrawals from an ATM is limited to $500. Once more, at selected banks, you can withdraw cash up to $400 for each teller transaction over the counter.

Purchase products and services from Stores

You may use the card to make purchases of products and services both offline and online. When making an online purchase, all you need to do is enter your card’s number, expiration date, and CVV. You may swipe to pay at the register at real businesses.

Features of the Walmart MoneyCard app:

Downloading the MoneyCard app will assist you in carrying out a variety of financial tasks including checking your balance, paying bills, depositing checks, doing online Walmart to Walmart money transfers, and much more. The app may be found on Google Play and the App Store.

The benefit of using the mobile app is that you can practically always access and manage your account from anywhere. You don’t need to navigate around the app to check how much balance your card has thanks to its slide for balance function, which is an intriguing feature. You may perform the following tasks with the MoneyCard app.

Deposit

Using the app, you may easily deposit cash at any Walmart location. To deposit cash, you must choose “Deposit cash” and provide the barcode at the register. After giving the cashier the desired amount, the money will appear in your account within a short period of time.

Bank transfers

A number of services let you create a bank account and add money, much like you can transfer funds between banks. Cash App is one example, which enables you to add money to your Cash App account directly from your bank account. You may fund your Walmart MoneyCard account with a bank account as well.

Account history

Anytime during the day, you may go into your account to examine both your balance and transaction history. In this manner, you can always make sure you have adequate cash on hand before carrying out any transaction.

Mobile check deposit

Checks may now be deposited using mobile wallets like the MoneyCard app, eliminating the need to physically visit your bank. Simply sign the check’s reverse, snap a photo of it, and upload it to get money transferred into your account for free within five business days.

That’s how easy it is. By not going to the actual branch of your bank or credit union, you wind up saving a ton of time and money.

Transfer funds to others.

Money may be transferred between Walmart MoneyCard account users. You must sign in to your Walmart MoneyCard account, go to Pay Bills and People, and then follow the on-screen instructions. To transfer Walmart money between two cards, you must have the recipient’s name, email address, and/or phone number.

Lock security

The lock feature is essential since it enables you to lock a lost card and stop money from being stolen by scammers. To temporarily stop card usage, you must launch your app and then press LOCK. If you discover your card, you must hit UNLOCK to immediately resume card usage.

Keep in mind that since online purchases do not require a PIN but rather only the card number, expiration date, and CVV, which are all printed on the card, anybody who understands how to use a card may purchase products and services.

Bill payment online

The ease of utilizing your web app to pay bills has never been greater. Electricity, internet, and other services may all be paid for online. Digital payments for things like your rent, phone, insurance, and the ones I just named are also available as one-time or recurring transactions.

Warnings

By configuring notifications, you can keep track of account activity. These assist you in identifying any strange account activity so that you may take the appropriate action, such as locking your card and changing your account password. In order to keep updated, you can also set up alerts for any new features.

Is it Better to Transfer money from a Walmart money card to PayPal?

PayPal is more universally accepted than Walmart MoneyCard. So if you intend to pay for things online and you have a bit of cash in your Walmart MoneyCard, it is better to transfer money from a Walmart MoneyCard to PayPal.

The Walmart MoneyCard isn’t widely accepted in any other country apart from the United States, so transferring money from your Walmart MoneyCard is a better option.

Conclusion

Your bank card can be connected to your Walmart Application, and you can transfer money from a Walmart MoneyCard to PayPal. But make sure your PayPal account isn’t limited, as it may be difficult to get your money out.

Alternatively, you can also connect your bank card to PayPal and use money from there directly for online payments.

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About The Author

David Francione

David Francione, Managing Director, has over 18 years of experience as an investment banker, corporate development executive and management consultant. Previously, Mr. Francione served as Senior Vice President at Silverwood Partners, a global investment banking firm. Prior to joining Silverwood Partners, Mr. Francione was head of corporate development for Elcom International, Inc., a $500 million international publicly-traded eCommerce technology platform company. Mr. Francione holds a Bachelor of Science degree in Finance from CCSU and earned an MBA in finance from the University of Connecticut.

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