Comparisons
Pay-by-Bank vs
Google Pay on Shopify
Google Pay works seamlessly with Shopify Payments. But how does it compare to Wallid’s Pay by Bank — with lower fees, real-time payouts, and zero chargebacks?
Thinking about offering Google Pay on your Shopify store? This guide compares it head-to-head with Pay by Bank from Wallid — so you can weigh the actual fees, speed of settlement, and risk of fraud. If you’re looking to optimize your Shopify payment gateway and reduce transaction costs, read on.
Google Pay:
Fast & Familiar on Android
Built into Shopify Payments at no extra cost
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Quick checkout for Android & Chrome users
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No additional fee for merchants
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Still runs on card networks (Visa/Mastercard)
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Biometric + device-level security via Google Wallet
Google Pay Shopify Fee Table
How much does Google Pay cost on each Shopify plan?
What is Pay-by-Bank?
Wallid’s Pay by Bank is a direct bank payment option using open banking — no cards, no intermediaries.
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Flat 0.7% + 25p base fee
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Instant or same-day payouts
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Zero chargebacks
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Secure biometric bank authentication
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Shopify charges 0.5−2.0% third-party fee if not using Shopify Payments
Real Cost Comparison per £100 Order
Protect Your Profit — With Faster, Safer Payments
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Payout Speed- Google Pay: 3−5 business days
- Pay-by-Bank (Wallid): Instant or same-day to your business account
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Chargebacks & Fraud Risk- Google Pay: Still operates via cards → chargebacks apply
- Pay-by-Bank (Wallid): No chargebacks, ever. Verified directly via bank app
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Security & Identity- PayPal: Redirects to external login flow
- Pay-by-Bank (Wallid): Seamless, embedded checkout experience inside Shopify with no login step
Conclusion
Pay-by-Bank
Use Pay-by-Bank to cut your Shopify payment fees, get instant access to funds, and eliminate chargebacks.
Google Pay
Use Google Pay to give Android users a smooth checkout with no extra fee.
Together, they help you streamline your checkout, improve conversion, and grow your margin. Remember, depending on your integration and plan Shopify may apply third party payment fees.
FAQ: Google Pay vs Pay- by-Bank on Shopify
No, if you use Shopify Payments, Google Pay doesn't carry extra charges. But you're still paying typical card transaction rates (up to 2.0% + 25p).
Yes. It uses bank-grade biometric authentication via secure open banking APIs — no card details or passwords needed.
Absolutely. Let customers choose between Google Pay for Android and Pay by Bank for a secure, card-free option.
Want Faster Payouts and Fewer Fees?
Add Wallid Pay by Bank — Free on Shopify
Cut your transaction costs
Cut your transaction costs
Wallid Products
Pay-by-Bank Payment App
Wallid’s Pay-by-Bank app integrates directly with Shopify checkout, enabling instant bank payments, significantly lower transaction fees, and zero chargebacks.
Pay-by-Bank Express Checkout
Wallid’s Pay-by-Bank Express Checkout delivers a fast, frictionless experience by connecting directly to customers’ bank accounts — increasing conversion rates while lowering fees