How To Convert In Photoshop
Menu Bar: Type > Convert to shape

How To Convert In Illustrator
Menu bar: Type > Create Outlines
Shortcut: Shift + Command + O [MAC] or Shift + Ctrl + O [PC]
Menu Bar: Type > Convert to shape

Menu bar: Type > Create Outlines
Shortcut: Shift + Command + O [MAC] or Shift + Ctrl + O [PC]