Comparisons
Wallid vs PayPal Express Checkout on Shopify
Shopify merchants in the UK and EU face a trade-off
- PayPal Express Checkoutbrand recognition but high fees and fraud risk.
- Pay-by-Bank Express Checkoutinstant settlement, lower costs, and verified trust
Shopify merchants in the UK and EU face a trade-off
- PayPal Express
Checkoutbrand recognition but high fees and fraud risk. - Pay-by-Bank Express
Checkoutinstant settlement, lower costs, and verified trust
This guide compares both checkout options across:
If you’re optimising for profit margins, faster payouts, or higher conversions, here’s how Wallid stacks up against PayPal.
- Transaction Fees
- Payout Speed
- Chargeback Risk
- Checkout UX & Mobile Experience
If you’re optimising for profit margins, faster payouts, or higher conversions, here’s how Wallid stacks up against PayPal.
This guide compares both checkout options across:
- Transaction Fees
- Payout Speed
- Chargeback Risk
- Checkout UX & Mobile Experience
If you’re optimising for profit margins, faster payouts, or higher conversions, here’s how Wallid stacks up against PayPal.
PayPal Express Checkout on Shopify
-
Pros
- Household brand recognition
- Large global user base
- Purchase protection for buyers
-
Cons
- Payout delays (24–72h, up to 21 days for new accounts)
- Card-based (fees ~2.9% + £0.30)
- Subject to fraud disputes and chargebacks (£14 per case)
- Requires login / redirects (conversion drop on mobile)
Wallid Express Checkout (Pay-by-Bank)
-
Pros
- Instant or same-day payouts
- Almost zero chargebacks — bank-verified authentication
- Lower fees (1% + 25p)
- Seamless mobile UX (no passwords, no redirects)
- Biometric login via customer’s banking app
-
Cons
- UK & EU focus (not global like PayPal)
- Currently one-time payments only (subscriptions pending)
Wallid Express Checkout
(Pay-by-Bank)
-
Pros
- Instant or same-day payouts
- Almost zero chargebacks — bank-verified authentication
- Lower fees (1% + 25p)
- Seamless mobile UX (no passwords, no redirects)
- Biometric login via customer’s banking app
-
Cons
- UK & EU focus (not global like PayPal)
- Currently one-time payments only (subscriptions pending)
Checkout UX Comparison
| Feature | PayPal Express Checkout | Wallid Express Checkout |
|---|---|---|
| Guest Checkout UX | ❌ Requires login | ✅ No login required |
| Redirects | Yes | No |
| Autofill | ✅ PayPal vault data | ✅ Bank-verified data |
| Mobile Optimisation | ⚠️ Redirects reduce speed | ✅ Native fast flow |
| Payout Speed | 24–72h (21d for new) | Instant–2h |
| Chargebacks | ⚠️ Yes (£14 per dispute) | ❌ None |
| Authentication | Email + password | Biometric + bank login |
Shopify Plan Payment Cost Comparison
| Shopify Plan | PayPal Express Checkout | Wallid Express Checkout | Shopify 3rd Party | Fee Total Wallid Cost |
|---|---|---|---|---|
| Basic (£25/mo) | 2.9% + £0.30 | 1% + 25p | 2.0% | 3.0% + £0.25 |
| Shopify (£65/mo) | 2.6% + £0.30 | 1% + 25p | 1.0% | 2.0% + £0.25 |
| Advanced (£344/mo) | 2.4% + £0.30 | 1% + 25p | 0.5% | 1.5% + £0.25 |
£100 Order Fee Breakdown
| Shopify Plan | PayPal Express Checkout | Wallid Express (incl. Shopify Fee) |
|---|---|---|
| Basic | £3.20 | £3.25 |
| Shopify | £2.90 | £2.25 |
| Advanced | £2.70 | £1.75 |
Payment App
Wallid’s Pay-by-Bank app integrates directly with Shopify checkout, enabling instant bank payments, significantly lower transaction fees, and almost zero chargebacks.
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
Learn More about Wallid Pay-by-Bank Checkout
What Our Clients Say About Us
* Shopify 3rd party fees may apply.
Frequently Asked Questions
Yes. Wallid and PayPal can run side-by-side.
Yes — PSD2-regulated, bank-grade security with biometric login
Yes. Shopify applies third-party fees (2% → 0.5% depending on plan)
Wallid is optimised for UK & EU bank accounts only.









