Satellite viruses are small, RNA-based hyper-parasites which obligately require 'helper' viruses to transmit within and between hosts. The evolutionary pathways through which satellites spread among host species are largely unknown but define their potential as emerging pathogens. Here using metagenomic and field studies of bats, we show that deltaviruses, a medically important group of animal infecting satellites, are capable of transmitting between host species. Among 44 bat genera from 11 countries spanning 5 continents, deltaviruses were exclusively found in a single neotropical sanguivore, the common vampire bat, which harbored two divergent genotypes. Phylogenetic analysis showed that the vampire bat-associated deltaviruses arose independently, implying multiple introductions to bats and the existence of additional, currently undiscovered deltavirus reservoirs in the Americas. Field studies in Peru revealed that deltavirus infections were widespread in vampire bats, formed geographically compartmentalized transmission cycles, and were capable of transmitting to a sympatric bat species. Despite sharing most recent common ancestry with the human pathogen hepatitis deltavirus (HDV), bat deltaviruses were detected without hepadnaviruses (the canonical helper of HDV), implying helper switching during the divergence of bat and human-infecting deltaviruses. While the biological consequences of deltavirus host and helper switching are unknown, it is reasonable to expect they will be aligned with the previously defined ability of satellites to manipulate the virulence and transmissibility of their helpers. * Locations not provided for these datasets † Bat species not specified -Number of individuals in pool not specified