Paypal and MoneyGram are two of the most popular payment services today, but the challenge is that they are not interconnected. In other words, these two payment networks do not have an option to send money to each other.
Content Recap:
Although there was a previous report stating that Paypal announced the introduction of a feature/service that would allow customers to withdraw money from their Paypal account using MoneyGram, we have not been able to verify if such a service was actually implemented by Paypal.
However, whether this service exists or not, we have come up with some simple alternative ways to withdraw money from Paypal using MoneyGram. We will discuss these methods in this article.
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Is Paypal Connected to MoneyGram?
No, Paypal and MoneyGram are two separate payment services that operate independently. Currently, there is no option in Paypal to send money directly to MoneyGram. However, there are still indirect ways to withdraw money from Paypal using MoneyGram.
Can I Use Paypal With MoneyGram?
No, there is no direct way to use Paypal with MoneyGram. However, if you want to withdraw money from Paypal using MoneyGram, there are still some indirect methods available, which we will discuss in this article.
How To Withdraw Money From Paypal Using MoneyGram
As mentioned earlier, while Paypal may not directly support withdrawing money to MoneyGram, there are still simple ways to accomplish this. Let’s explore these methods below:
1. Withdraw Using A Paypal Debit Card
One of the easiest options to withdraw money from Paypal to MoneyGram is by using a Paypal debit card. The Paypal debit card is issued by Paypal and can be used to make payments or withdraw cash wherever MasterCard is accepted.
With the Paypal prepaid card, you can easily transfer your Paypal funds to MoneyGram. How can you achieve this? Simply use the Paypal debit card to fund your MoneyGram account. The process is similar to funding MoneyGram using any other debit card.
Keep in mind that if the money is in your Paypal account, you need to transfer it to your Paypal debit card before you can withdraw the funds using the debit card. This is because you may not be able to access the money in your Paypal account using the Paypal debit card until you add it to your Paypal debit card.
However, be cautious when using this method, as some individuals have raised concerns that using a Paypal debit card to withdraw money to MoneyGram may result in Paypal blocking the payment due to anti-money laundering regulations.
2. Withdraw Through Exchanger Services Or Third-party Websites
Another option to withdraw money from Paypal to MoneyGram is by utilizing third-party websites, also known as PayPal-To-MoneyGram Exchangers. These platforms allow you to withdraw money from your Paypal account and collect it at any MoneyGram branch in the United States.
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To utilize this method, simply visit the website of a reliable PayPal-To-MoneyGram Exchanger and follow their withdrawal instructions. Some available exchanger services include:
- Aquachanger.com
- Payglobel
- Magnatust
- Cash2Pm
3. Use A Bank Account
You can withdraw your Paypal funds to your bank account and then send the money to MoneyGram. To do this, you must have a US checking account linked to your Paypal account, which allows you to transfer the funds from Paypal to the bank account. From there, you can send the money to MoneyGram.
READ ALSO: How to Transfer Visa Gift Card Balance to PayPal
Conclusion
Based on our research, there may not be a direct method to withdraw money from Paypal using MoneyGram. Although there was a report about Paypal launching a service to enable customers to withdraw money from their Paypal account to MoneyGram, we were unable to verify the existence of such a service. However, there are still simple ways to withdraw money from Paypal to MoneyGram, such as using a Paypal debit card, third-party websites/exchanger services, or a bank account.