Paypal only protects buyers in a transaction – Shieldpay protects the interests of all parties in a transaction.
With Shieldpay, the funds can only be released from the Shieldpay Vault once both parties are satisfied that the transaction is complete.
Shieldpay verifies the identity and trustworthiness of both parties through robust anti-money laundering checks before any money enters the system.
Shieldpay provides certainty to the Seller that the funds are cleared into the Shieldpay Vault before entering into a transaction.
Our multi-factorial security means that all parties can transact in total confidence.
Comparison table
|
Shieldpay |
PayPal |
Transaction Limit |
None |
£5,500 |
Opening an account |
Free |
Free |
Withdraw funds |
Free |
Free over £50, 25p less than £50 |
Accept funds |
Free |
3.4% +20p |
Accept credit/debit card payments |
From 0.5% |
3.4% +20p |
Send Money |
£3 min – % fee from 3% to 1% (depending on transaction size) |
Free |
Customer sign-up required |
YES |
YES |
Pay By Bank App |
YES |
NO |
Check out our pricing calculator here.
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