Install Free
Install Free
Install Free

Pay-by-Bank for Shopify E-commerce

Discover how Pay-by-Bank can streamline payments across leading e-commerce verticals—from fashion and furniture to high-risk categories like CBD and alcohol. Improve conversion, reduce fees, and increase trust.
Why Pay-by-Bank is Ideal for Shopify E-commerce
Pay-by-Bank is a direct bank payment method powered by open banking technology, and it integrates seamlessly with Shopify through apps like Wallid. It lets customers pay merchants directly from their bank account—no cards, no fees, no fraud. This makes it a powerful solution for e-commerce brands in the UK looking to optimise margins, increase checkout speed, and reduce payment friction.
Why Pay-by-Bank
is Ideal for Shopify
E-commerce
Pay-by-Bank is a direct bank payment method powered by open banking technology, and it integrates seamlessly with Shopify through apps like Wallid. It lets customers pay merchants directly from their bank account—no cards, no fees, no fraud. This makes it a powerful solution for e-commerce brands in the UK looking to optimise margins, increase checkout speed, and reduce payment friction.
Benefits of Pay-by-Bank for Shopify Stores
Lower fees
No card fees. More revenue per order.
Faster payouts
Funds settle within hours, not days.
Fewer chargebacks
No card fraud = no chargebacks.
Simpler UX
Fast, 3-click checkout. No data entry.
More trust
Customers approve payments via their bank app.
Browse dedicated guides for each e-commerce vertical using Pay-by-Bank

Popular Shopify
E-commerce Categories Using Pay-by-Bank

Browse dedicated guides for each
e-commerce vertical using Pay-by-Bank

Popular Shopify E-commerce Categories Using Pay-by-Bank

Automotive &
Motorcycle Parts
  • High AOV (average order value) means card fees are costly.
  • Pay-by-Bank lowers cost per transaction and speeds up payouts.
  • Popular with B2B resellers, custom mod part sellers.
Furniture &
Home Decor
  • Large orders benefit from fee savings and fast settlement.
  • Bank-grade security builds buyer trust for high-ticket items.
  • Easy integration into Shopify product flows and checkouts.
Fashion &
Apparel
  • Checkout UX is everything—3-click express checkout boosts conversion.
  • Appeals to younger, mobile-first consumers used to banking apps.
  • Better margins than card gateways for high-volume DTC brands.
Grocery &
Essentials
  • Low margin means every % counts—ditch card fees.
  • Speed matters: funds settle fast to replenish stock or pay suppliers.
  • High repeat purchase means frictionless checkout is key.
Beauty &
Skincare
  • High repeat-purchase rate: express checkout increases LTV.
  • Popular among Gen Z and Millennials who prefer mobile banking.
  • Often excluded from BNPL: Pay-by-Bank works for all SKUs.
Gaming &
Electronics
  • High-ticket items = high interchange fees → savings with Pay-by-Bank.
  • Fast payouts help manage fast-moving inventory cycles.
  • Fraud-prone vertical: Pay-by-Bank eliminates chargebacks.
Education &
Digital Products
  • No risk of chargebacks for downloadable goods.
  • Instant bank transfer ensures access control post-payment.
  • Useful for course creators, eBooks, templates, or software.
Toys &
Baby Products
  • Speed and trust are key for new parents.
  • Mobile-first UX improves conversion for time-sensitive shoppers.
  • Ideal for DTC brands and gift stores with seasonal surges.
B2B E-commerce & Wholesale
  • Larger average order sizes make fee savings substantial.
  • Many clients prefer invoicing or bank transfer anyway—Pay-by-Bank automates it.
  • Integrates well with accounting systems and B2B checkout flows.
Automotive &
Motorcycle Parts
  • High AOV (average order value) means card fees are costly.
  • Pay-by-Bank lowers cost per transaction and speeds up payouts.
  • Popular with B2B resellers, custom mod part sellers.
Furniture &
Home Decor
  • Large orders benefit from fee savings and fast settlement.
  • Bank-grade security builds buyer trust for high-ticket items.
  • Easy integration into Shopify product flows and checkouts.
Fashion &
Apparel
  • Checkout UX is everything—3-click express checkout boosts conversion.
  • Appeals to younger, mobile-first consumers used to banking apps.
  • Better margins than card gateways for high-volume DTC brands.
Grocery &
Essentials
  • Low margin means every % counts—ditch card fees.
  • Speed matters: funds settle fast to replenish stock or pay suppliers.
  • High repeat purchase means frictionless checkout is key.
Beauty &
Skincare
  • High repeat-purchase rate: express checkout increases LTV.
  • Popular among Gen Z and Millennials who prefer mobile banking.
  • Often excluded from BNPL: Pay-by-Bank works for all SKUs.
Gaming &
Electronics
  • High-ticket items = high interchange fees → savings with Pay-by-Bank.
  • Fast payouts help manage fast-moving inventory cycles.
  • Fraud-prone vertical: Pay-by-Bank eliminates chargebacks.
Education &
Digital Products
  • No risk of chargebacks for downloadable goods.
  • Instant bank transfer ensures access control post-payment.
  • Useful for course creators, eBooks, templates, or software.
Toys &
Baby Products
  • Speed and trust are key for new parents.
  • Mobile-first UX improves conversion for time-sensitive shoppers.
  • Ideal for DTC brands and gift stores with seasonal surges.
B2B E-commerce & Wholesale
  • Larger average order sizes make fee savings substantial.
  • Many clients prefer invoicing or bank transfer anyway—Pay-by-Bank automates it.
  • Integrates well with accounting systems and B2B checkout flows.

High-Risk Categories on Shopify: CBD, Vape, Alcohol

Some e-commerce categories face restrictions from traditional payment providers. Pay-by-Bank offers a powerful workaround
CBD & Wellness
  • Card processors often block CBD—open banking doesn't.
  • Compliant and secure, ideal for Shopify CBD stores.
  • Seamless integration with age/ID verification.
Vape & Accessories
  • Banned by major card gateways (Stripe, PayPal).
  • Pay-by-Bank enables legal, age-gated payments.
  • Supports required KYC/age-check flows at checkout.
Alcohol & Spirits
  • Enables age-verified purchases through embedded flows.
  • Faster payouts = better inventory management for fast-selling SKUs.
  • Secure, direct payment method reduces fraud.
CBD & Wellness
  • Card processors often block CBD—open banking doesn't.
  • Compliant and secure, ideal for Shopify CBD stores.
  • Seamless integration with age/ID verification.
Vape & Accessories
  • Banned by major card gateways (Stripe, PayPal).
  • Pay-by-Bank enables legal, age-gated payments.
  • Supports required KYC/age-check flows at checkout.
Alcohol & Spirits
  • Enables age-verified purchases through embedded flows.
  • Faster payouts = better inventory management for fast-selling SKUs.
  • Secure, direct payment method reduces fraud.

How to Add Pay-by-Bank to Your Shopify Store

Setting up Pay-by-Bank with Shopify is easy and fast.
Here’s how to do it with Wallid

  • Connect your business bank account.

  • Enable age verification for restricted products (CBD, alcohol, vape).

  • Customize express checkout button on product or cart page.

How to Add
Pay-by-Bank to Your Shopify Store

Setting up Pay-by-Bank with Shopify is easy and fast. Here’s how to do it with Wallid

  • Connect your business bank account.

  • Enable age verification for restricted products (CBD, alcohol, vape).

  • Customize express checkout button on product or cart page.

Summary:
Why Pay-by-Bank Wins for E-commerce

Summary: Why Pay-by-Bank Wins for E-commerce

Shopify-Specific FAQ About Pay-by-Bank
Shopify-Specific FAQ About Pay-by-Bank
Request Demo
Bank-grade security
Seamless express checkout
No card fees
Instant payouts
Request Demo

Try Wallid Pay-by-Bank for Your Store

Wallid’s Pay-by-Bank app is built for Shopify merchants who want faster payments, lower fees, and more trust at checkout. Whether you’re selling fashion, furniture, or regulated goods, it’s time to unlock the power of open banking.
Install Wallid on Shopify