PayPal vs vs Google Wallet

There are quite a lot of options available for online payment platform to choose from, which sometimes become a little confusing from the point of view of selecting and choosing.

For those who plan to have an e-commerce website, it becomes very important to provide their customers with one of the best online payment gateways. There are quite a lot of options available for online payment to choose from, which is good in a way, but this on the other hand sometimes make it a little difficult in selecting and choosing the right platform. As each of the payment processing options has their own terms and conditions, and transaction fees. And there are different features and security options to suit different transaction needs and business situations.

To offer the best payment gateway to the customers along with the security and safety, should be on the priority list of the entrepreneur providing goods and services online. It not only benefits the online buyers, but also the first party that is conducting the business. However, PayPal is considered to be one of the best online payment gateways, but there are many recent launches, that give it a strong competition. So, before you select any payment gateway to be integrated in your e-commerce website, here is a juxtaposition of the top players – PayPal vs vs Google Wallet.

What is PayPal?

Established in 1998, PayPal is the American international e-commerce business that is regarded as the safest and fastest way to make payments and get paid online. PayPal helps the customers to make payments without sharing their personal banking information online, and provides them with the facility to pay through their debit cards, credit cards, and net banking. It also charges a nominal transaction fee, which depends on the mode and currency of payment.

PayPal provides payment processing facility to a number of commercial users, auction websites, and online merchants. PayPal claims at supporting nearly 100 currencies and having approximately 200 markets and 218 million active accounts on the global front. Since 2002, PayPal has become the wholly-owned subsidiary of eBay. Recently, it has been announced by eBay that PayPal will be trading as a separate public company.


How PayPal works

Just click the paypal button, log in and buy it.
sign up for free.
Link your credit card or debit card.
Activate your card for overceas payment.
Shop with papal and you will get reward point

Major Features

  • Pay for online purchases without having to directly use your credit or debit card
  • 100 different currencies supported
  • Convert and withdraw PayPal funds over 200 countries
  • Allows sellers to create and manage invoices right from the app
  • Anyone with an email account can be requested for payments
  • 180-Day Buyer Protection
  • One Account for India and Abroad
  • Skip the Logins
  • Worry-free Shopping

Pros and Cons of PayPal

PayPal can be set-up easily. One might also have his/her account already made with PayPal, if any kind of payment has been made on eBay. There is no fee to set up an account on eBay. Moreover, there is also no requirement of creating any account on eBay, one can pay through their credit card and debit card instead of making payment through PayPal wallet.

Apart from this, there are also people who do not feel that PayPal is professional enough, and is less established. Besides, PayPal also charges more transaction fees in comparison to other payment gateways. However, the most horrific stories that have been learned about PayPal is it turning into a frozen account, which is considered to be the biggest fear associated with PayPal. When the account gets frozen, the funds in the account cannot be accessed.

Why use PayPal for your business?

  • Sell with confidence
  • Your business is protected
  • Resolve disputes easily

What is

Founded before PayPal, in 1996, is a payment gateway service source that accepts payment via electronic checks and credit card through an IP connection or their website. Interestingly, claims to have a base of more than 440,000 merchants in Canada, and the USA (including the likes of Magento, Flagship, SurveyMonkey and Prestashop), which makes it the largest online payment gateway. It is a subsidiary unit, wholly-owned by Visa. is a proven and verified payment gateway well-accepted by multiple business models. Being protected by the Payment Card Industry Data Security Standard (PCI DSS), is a secured and safe way for money transactions.

Major Features

  • Highly secure full-fledged merchant interface
  • Offers Mobile Point-of-sale app for free
  • Comes with free fraud prevention tools
  • Easy to manage recurring or subscription-based transactions
  • Customer information manager
  • Payment types
  • Flexible automatic payment options
  • Automatic monthly credit card updates
  • Invoice online for faster payments
  • Simple checkout

Supported Payment Types

  • Visa
  • MasterCard
  • Discover
  • American Express
  • JCB
  • PayPal
  • Visa Checkout
  • Apple Pay
  • Chase Pay
  • E-check

Pros and Cons of relatively has nominal prices as it has low transaction and monthly fees. The user’s smartphone is enough for accepting the payments, there is no requirement of any reader or any other device. Moreover, this online merchant interface serves both as an online payment gateway and mobile payment capability.

The cons related to is that the mobile app of this payment gateway lacks in the stock of goods and services. Besides, if you want the access to this gateway, you need to have a merchant account made for it.

What is Google Wallet?

Developed by Google, Google Wallet is an online mobile payment system that enables the users to store credit card, debit card, gift card, promotional cards, and loyalty cards. Google Wallet can also help them in redeeming the sales promotions via mobile phones. To determine the security and safety of the money, Google Wallet uses NFC (Near Field Communication) by simply tapping on the terminal, which is PayPass-enabled, provided while checking out the Google Wallet. Google Wallet is available on some specific iOS and Android devices.

gogle wallet

Major Features

  • No fees or minimum balance requirements
  • Allows you to add money automatically using recurring bank transfers
  • Backed by 24/7 fraud monitoring and the Google Wallet Fraud Protection Guarantee
  • User can Setup Low Balance Alerts

Pros and Cons of Google Wallet

The fundamental advantage that Google Wallet carries is that it reduces the need of carrying a wallet everywhere. It is fast, free, easy to use, and a secure payment gateway. On the other hand, the cons that are associated with Google Wallet are that it cannot be used in every store; moreover, it is also not available in all the devices. The PIN number can also be stolen and hacked, and also the virtual money makes one spend more than required.

Head-to-head comparison


PayPal vs Authorize.Net vs Google Wallet: Which Is Best for Your Business?

These are three highly popular payment processing gateways, which carry their own advantages and disadvantages. There are various more such gateways, but comparing them is not justifiable as a specific set of users like a specific payment gateway. Some will prefer Google Wallet, some will prefer PayPal, some will prefer, and some will go for some other online payment gateway. It is a matter of personal choice. The concluding point is that you must choose that gateway which can meet your needs and requirements.

Konstant Infosolutions also provides services based on these online payment gateways that can cater to the payment needs and requirements of the user. Besides this, we have an expert team of developers and designers who are excellently resourceful in developing an elegant yet powerful e-commerce websites based on Magento development, Shopify development, Zen cart development, Ubercart development, etc.

About Author
Tushar Vijay

Tushar Vijay

A marketing graduate, a deemed strategist, a sure geek - Tushar is a fine blender of the art and science of writing. When it comes to tune up content with commerce, he knows the trick. For him, if words don’t make you think and beat, they are not worth your time. A crazy foodie, an unfailing jogger – that’s him off the desk!



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