Conversions increased by 37% when Express Checkout with a bank is offered!

  1. Increased sales on current traffic up to 37% with express checkout
  2. 2x reduced payment costs through direct bank payments
  3. Accelerated fund processing time
"WALL ID offers an express checkout tied to an individual's bank account that allows individuals to identify themselves, pay, and checkout just with their bank account in one transaction. Wallid facilitates control over individual's ID data, deciding what and with whom they share it. Their mission is to simplify and streamline the way customers buy online and prove their identity safely and securely."
Forbes, I’m a fintech advisor obsessed with customer-centric products
Express Checkout With a Bank
Wallid's Instant Pay Button is already boosting conversion rates and lowering payment fees for merchants in the UK and Europe.

Orders & Profitability Growth Example

If a merchant has around 100 orders per day with a €70 order volume, then the results of Open Bank Express Checkout will be as follows:
  • 1200+ orders
    With a 37% higher conversion rate, the example store will get 1200+ extra monthly orders when offering Open Bank Express Checkout.
  • €84,000+ in revenue
    On average, 1200+ orders will lead to €84,000+ monthly growth in revenue.
  • €2,940+ less fees
    With payment fees reduced by half when Open Bank Express Checkout is offered, the example store will save €2,940+ per month.
Before and After Shopping Experience
Before - 69% cart abandonment
An average checkout setup consisting of 3-4 steps can result in up to 69% cart abandonment and lost sales.
After - 37% conversions increase
Express Checkout with bank could increase conversion up to 28%
Leverage Open Bank Connection
Convert more shoppers with instant bank payments. Wallid Checkout users have cut their payment journey down to as little as 25 seconds – with no clunky redirects, no lengthy forms, and no unnecessary friction.
One Step Checkout With Data Prefilled
A simple, fast one step checkout for your customers. A low-fee, high-converting checkout with data pre-filled from bank.
How will Wallid improve main eCommerce challenges in 2024
Increased conversion, lower fees, returned customers, KYC on the go and more
Challenge 1:

High (69%) cart abandonment.
Improvement: Simplified fast checkout increase conversion.
Challenge 2:

Payment processing cost & time.
Improvement: Real-time customer-to-merchant bank account payment with up to 90% lower processing fees.
Challenge 3:

One-time buyers are the majority of sales.
Improvement: 30+ million users with a pre-filled checkout form and conversion similar to returning customers.
Challenge 4:

Cyber security and eCommerce fraud.
Improvement: Built-in KYC verified by the user's Bank or ID Wallet.
Challenge 5:

Low (30%) trust to company data storage.
Improvement: Decentralized Personal & Payment data storage that is controlled by the user.
Get started with Wallid Checkout
  1. Increased sales on current traffic up to 37% with express checkout
  2. 2X reduced payment costs through direct bank payments
  3. Accelerated fund processing time
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