It's been two months since this profile received a new review

Wave Payments Reviews & Product Details

Wave Payments is an online payment processing solution designed to help small businesses and freelancers accept payments seamlessly. Integrated with Wave's suite of financial tools, it enables users to receive payments via credit cards, bank transfers, and Apple Pay directly through customized invoices. This integration ensures faster payments, improved cash flow, and a professional invoicing experience. Key Features and Functionality: - Multiple Payment Options: Accepts major credit cards (Visa, Mastercard, American Express, bank payments (ACH/EFT, and Apple Pay, providing flexibility for customers. - Quick Payment Processing: Funds are typically deposited into your account within 1-2 business days for credit card payments and 1-7 business days for bank payments. - Transparent Pricing: Competitive processing fees with no hidden charges. - Automated Invoicing: Create and send professional invoices with integrated "Pay Now" buttons, allowing clients to pay instantly. - Seamless Integration: Payments automatically sync with Wave's accounting software, ensuring accurate financial records. - Mobile Accessibility: Manage invoices and payments on-the-go with Wave's mobile app, available for iOS and Android. Primary Value and User Solutions: Wave Payments addresses the common challenges small business owners face in managing cash flow and receiving timely payments. By offering a user-friendly platform that integrates invoicing and payment processing, it reduces administrative tasks and accelerates the payment cycle. The ability to accept various payment methods enhances customer convenience, leading to faster payments and improved financial stability for businesses. Additionally, the transparent fee structure and seamless integration with accounting tools provide a comprehensive solution for efficient financial management.

Seller

H&R Block

Discussions

Wave Payments Community

Top-Rated Alternatives

View All Alternatives

G2 reviews are authentic and verified.

Here's how.

CW

Casie W.

Owner

Small-Business (50 or fewer emp.)

6/19/2021

"Wave is the way to go for easy processing for business."

5/5

What do you like best about Wave Payments?

Wave makes it easy to apply your products to an invoice. Most of my invoices have very similar rates/charges, so if you have a set number of items you offer, you can input the item, rate, shipping, etc., into the product pages, and then you can add it to an invoice with one click.

Even when I add new products, I can add them in incredibly fast, which is excellent! Review collected by and hosted on G2.com.

What do you dislike about Wave Payments?

While I can track your spending, mine is always wrong as I transfer money from business checking to savings often, so my end always shows more money leaving and shows me in the negative, even though I am not. If you have one single account that you use, your tracking will be easy; however, if you use multiple accounts, then it gives you a little trouble. Review collected by and hosted on G2.com.

Recommendations to others considering Wave Payments:

If you need to process payments on behalf of your business, Waveapps is an excellent service. With Waveapps, you no longer have the monthly payments, but you can process payments and keep it in their system. You can easily track when your company sends invoices or estimates and when they are accepted. You can also send invoices with ease. Although we also use Quickbooks, I find Waveapps to be a little more user-friendly than QuickBooks is. Review collected by and hosted on G2.com.

What problems is Wave Payments solving and how is that benefiting you?

Wave can not only do bookkeeping for you, but it is a great way to process your credit card payments as well. I find Wave similar to QuickBooks but free and a little more user-friendly in the way it words your invoices or estimates. Review collected by and hosted on G2.com.

AC

Angela C.

Virtual Assistant

Small-Business (50 or fewer emp.)

3/17/2022

"WAVE is AWESOME!"

5/5

What do you like best about Wave Payments?

Simple, easy to use. Great customer service! The free version is as robust as the paid version. If you pay for Quickbooks, and switch to Wave, you won't regret it! Review collected by and hosted on G2.com.

What do you dislike about Wave Payments?

Overall, I'm happy with just about everything so far! I've used the service for nearly ten years. The only thing I would like to see improved is how quickly payouts happen, which happen to be anywhere between 2 and 4 business days. Review collected by and hosted on G2.com.

SS

Sean S.

Owner

Small-Business (50 or fewer emp.)

4/12/2022

"I have been using Wave Payments for years"

4.5/5

What do you like best about Wave Payments?

It is extremely easy to use. We have several reoccurring invoices and multiple daily invoices. Easy to set our own invoice # and has been much easier than other invoicing apps I have used. Review collected by and hosted on G2.com.

What do you dislike about Wave Payments?

The only issue I have ever really had was with an instant payout when they first launched that feature. Other than that I would say it is solid and they are always adding new features. Review collected by and hosted on G2.com.

Recommendations to others considering Wave Payments:

It is extremely easy to use. We have several reoccurring invoices and multiple daily invoices. Easy to set our own invoice # and has been much easier than other invoicing apps I have used. Review collected by and hosted on G2.com.

What problems is Wave Payments solving and how is that benefiting you?

Ease of invoicing clients and reoccurring invoices. Automatic reminders are set at intervals that you can choose. Makes the whole process a breeze and once the invoice is sent I don't have to think about it. Review collected by and hosted on G2.com.

AJ

Amanda J.

Band Manager

Small-Business (50 or fewer emp.)

12/28/2021

"Wave is amazingly significant for small and new businesses"

5/5

What do you like best about Wave Payments?

I like that I can use all the features for free and they only charge for upgrades and payments. The percentage is small and great for businesses who want to save. Review collected by and hosted on G2.com.

What do you dislike about Wave Payments?

I would like it if they had an inventory tracker to know how many Items are left after they are purchased. I also wish that payments were faster getting to the bank. Review collected by and hosted on G2.com.

Recommendations to others considering Wave Payments:

If you have a small business and are looking for a simple way to do payroll, then wave is the place for you. They are great for all of your Invoicing and tax purposes as well. Review collected by and hosted on G2.com.

What problems is Wave Payments solving and how is that benefiting you?

This helps me do my taxes and keep track of business expenses. I like knowing how much I have made from all sources and where my Money is going. This helps me tremendously. Review collected by and hosted on G2.com.