Comparisons

Wallid vs PayPal Express Checkout on Shopify

Shopify merchants in the UK and EU face a trade-off
  • PayPal Express Checkout
    brand recognition but high fees and fraud risk.
  • Pay-by-Bank Express Checkout
    instant settlement, lower costs, and verified trust
Shopify merchants in the UK and EU face a trade-off
  • PayPal Express
    Checkout
    brand recognition but high fees and fraud risk.
  • Pay-by-Bank Express
    Checkout
    instant settlement, lower costs, and verified trust
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.
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 PlanPayPal Express CheckoutWallid Express CheckoutShopify 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

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* Shopify 3rd party fees may apply.

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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.