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Compare PayPal Invoicing and Wave 
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At a Glance
Market Segments
Small-Business (73.2% of reviews)
Small-Business (95.3% of reviews)
Entry-Level Pricing
Pay As You Go
$20-$35 per month
PayPal Invoicing
Star Rating
(158)4.4 out of 5
Market Segments
Small-Business (73.2% of reviews)
Pros & Cons
Entry-Level Pricing
Pay As You Go
Browse all 3 pricing plansWave
Star Rating
(307)4.3 out of 5
Market Segments
Small-Business (95.3% of reviews)
Pros & Cons
Entry-Level Pricing
$20-$35 per month
Browse all 3 pricing plansSummary
AI Generated Summary
AI-generated. Powered by real user reviews.
- Users report that Wave excels in invoice customization, with a score of 8.7, allowing for a high degree of personalization in invoice design. In contrast, PayPal Invoicing, while still strong, has a slightly lower score of 8.6 in this area, indicating that Wave may offer more flexibility for branding and presentation.
- Reviewers mention that Wave's recurring billing feature scores 8.3, which is notably higher than PayPal Invoicing's score of 7.9. This suggests that Wave provides a more robust solution for businesses that rely on subscription models or regular billing cycles.
- G2 users highlight that Wave's digital billing capabilities are rated at 8.5, matching PayPal Invoicing's score of 8.6. However, users on G2 note that Wave's user interface is more intuitive, making it easier for small businesses to manage their digital invoices.
- Users say that Wave's accounts receivable automation features score 8.2, which is a strong point for businesses looking to streamline their invoicing processes. PayPal Invoicing, while functional, has a lower score in this area, indicating that Wave may provide a more comprehensive solution for managing accounts receivable.
- Reviewers mention that Wave's integration capabilities with accounting software score 8.2, slightly higher than PayPal Invoicing's 8.1. This suggests that Wave may offer better compatibility with various accounting systems, which is crucial for businesses looking to maintain accurate financial records.
- Users report that Wave's overall ease of use is rated at 8.9, compared to PayPal Invoicing's 9.3. While PayPal Invoicing is slightly easier to navigate, Wave's features are often praised for their depth and functionality, making it a strong contender for users who prioritize comprehensive invoicing tools.
Pricing
Entry-Level Pricing
PayPal Invoicing
3.49% + fixed fee
Pay As You Go
- PayPal Checkout, Pay with Venmo, or PayPal Guest Checkout
Wave
Pay your staff
$20-$35
per month
$20/month base fee in Canada + 44 states
$35/month base fee in California, Florida, New York, Texas, Illinois & Washington
$4 additional per employee added
- Includes direct deposit.
- Employee portal to check pay stubs and history.
- Perfect for salaried and hourly workers, full-time or part-time.
Free Trial
PayPal Invoicing
No trial information availableWave
Free Trial is available
Ratings
Meets Requirements
8.6
116
8.6
249
Ease of Use
9.1
127
8.9
251
Ease of Setup
8.7
79
8.8
121
Ease of Admin
8.4
35
8.7
112
Quality of Support
8.0
101
7.6
165
Has the product been a good partner in doing business?
8.3
36
8.5
104
Product Direction (% positive)
8.1
113
8.0
240
Features by Category
General Ledger
Not enough data
7.9
54
|
Verified
Not enough data
7.8
45
|
Verified
Not enough data
7.5
44
|
Verified
Accounts Receivable
Not enough data
8.5
72
Not enough data
8.1
53
|
Verified
Not enough data
8.0
47
|
Verified
Accounts Payable
Not enough data
7.8
36
Not enough data
8.1
51
|
Verified
Not enough data
7.2
32
|
Verified
Other Functionality
Not enough data
6.8
27
|
Verified
Not enough data
7.0
29
|
Verified
Not enough data
6.8
28
Not enough data
6.9
31
|
Verified
Not enough data
7.1
32
|
Verified
Not enough data
7.6
44
|
Verified
Not enough data
6.7
27
|
Verified
Not enough data
6.7
26
|
Verified
Reporting & Analytics
Not enough data
8.3
72
|
Verified
Not enough data
7.9
59
|
Verified
Not enough data
7.5
40
|
Verified
Not enough data
8.5
70
|
Verified
Platform
Not enough data
7.3
58
|
Verified
Not enough data
7.3
40
|
Verified
Not enough data
7.8
54
|
Verified
Not enough data
7.3
28
|
Verified
Not enough data
8.2
64
|
Verified
Not enough data
7.9
53
|
Verified
Integration
Not enough data
7.8
49
|
Verified
Not enough data
7.2
31
Not enough data
6.6
31
|
Verified
Cash Flow
Not enough data
7.9
32
|
Verified
Not enough data
8.3
35
|
Verified
Not enough data
7.6
28
|
Verified
Budgeting & Forecasting
Not enough data
7.5
40
|
Verified
Not enough data
7.0
23
|
Verified
Not enough data
6.6
17
|
Verified
Not enough data
7.2
27
|
Verified
Revenue
Not enough data
7.9
28
|
Verified
Not enough data
7.5
23
|
Verified
Not enough data
7.2
21
Payroll
Not enough data
6.7
20
|
Verified
Not enough data
6.8
17
Not enough data
6.6
20
|
Verified
Not enough data
7.7
25
|
Verified
AI
Not enough data
5.5
7
Not enough data
6.5
8
Not enough data
6.7
9
Not enough data
4.5
7
Not enough data
6.7
8
Not enough data
5.6
8
Not enough data
7.6
9
Not enough data
6.7
8
Not enough data
6.0
7
Not enough data
5.7
7
Mobile Applications - Accounting
Not enough data
6.5
8
Not enough data
7.5
8
Not enough data
6.7
7
Not enough data
3.0
5
Not enough data
6.2
7
Not enough data
7.7
8
Agentic AI - Accounting
Not enough data
Not enough data
Billing
7.6
9
Not enough data
7.0
9
Not enough data
6.3
9
Not enough data
5.2
9
Not enough data
Dunning
5.6
9
Not enough data
6.3
9
Not enough data
6.5
9
Not enough data
Performance
6.7
9
Not enough data
5.4
9
Not enough data
5.9
9
Not enough data
Reporting
6.3
9
Not enough data
6.7
9
Not enough data
6.9
9
Not enough data
Agentic AI - Subscription Billing
5.2
8
Not enough data
5.4
8
Not enough data
4.6
8
Not enough data
5.4
8
Not enough data
Administration
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Integrations
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Cart Management
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Bill Generation
8.2
51
7.9
36
8.5
51
8.3
40
8.0
43
8.0
35
Bill Processing
7.5
42
7.6
28
7.5
46
7.6
26
8.4
51
8.2
38
Integration
7.8
44
7.9
37
8.0
46
8.0
33
7.4
38
6.8
19
Agentic AI - Billing
6.1
19
Not enough data
Reporting
8.2
30
Not enough data
7.2
23
Not enough data
8.3
25
Not enough data
Integrations
7.7
24
Not enough data
6.6
21
Not enough data
6.4
21
Not enough data
Transactions
Feature Not Available
Not enough data
8.9
30
Not enough data
8.7
29
Not enough data
Workflows
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Agentic AI - Accounts Receivable Automation
Feature Not Available
Not enough data
AI - Accounts Receivable
Feature Not Available
Not enough data
Feature Not Available
Not enough data
6.9
20
Not enough data
Agentic AI - Accounting & Finance
Not enough data
Not enough data
Categories
Categories
Shared Categories
PayPal Invoicing and Wave are categorized as Billing
Reviews
Reviewers' Company Size
PayPal Invoicing
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Wave
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Small-Business
(50 or fewer emp.)
Mid-Market
(51-1000 emp.)
Enterprise
(> 1000 emp.)
Reviewers' Industry
Marketing and Advertising
9.2%
Information Technology and Services
7.7%
Consulting
7.0%
Retail
6.3%
Apparel & Fashion
6.3%
Other
63.4%
Marketing and Advertising
16.1%
Information Technology and Services
6.0%
Accounting
5.4%
Design
4.7%
Computer Software
3.4%
Other
64.4%
Discussions
Is PayPal invoicing free?
2 Comments
JS
yes, but there are merchant feesRead more
Is wave a good accounting software?
2 Comments
MM
Yeah. It has most of the features required by a small business. You can request the team if you need anything in particular Read more
What is Wave Software?
2 Comments
MM
Wave software is an easy to use Payroll and Accounting software. You can create invoices, send billings, track expenses, and all normal transactions...Read more
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