Use of the Payment Service constitutes consent to use any personal information which you provide us during the payment process for the purposes set out in our Customer Privacy Policy and for all other related uses for which your consent may reasonably be implied. You agree that you will not hold us liable for any damages resulting from a Payee’s decision not to accept a payment. You agree and understand that the Payee is not required to accept your payment.
Spend more time on what you love
Make bookkeeping and tax time easy with solutions that are affordable, small biz friendly, and—dare we say—fun to use. Not all financial institutions are supported so we can’t guarantee that you will be able to connect an account. Discount applied to the listed monthly price for Wave’s Pro Plan, starting from the date the Pro Plan is purchased and continuing for three monthly payment periods. Visit your dashboard or use your invoicing or accounting features, and click the peach “Upgrade now” button.
By authorizing a Bank Payment, Payer authorizes Wave to electronically debit your bank account for the amount of the Bank Payment. You must provide verifiable bank account information and there must be sufficient available funds to cover the amount of the Bank Payment. Following the offer period, your account will automatically be charged at the listed monthly price until you cancel your subscription.
With Wave, your invoices and payments flow into your accounting records, helping you stay organized and prepared for tax time. The term “Communications” means any notice, record, agreement, or other types of information that are made available to you or received from you in connection with the Payment Service or other related services.The decision of whether to do business electronically is yours. You agree to cooperate with us and provide any information that may be reasonably requested by us in our investigation of any cancelled, invalidated or refused payment transactions. The average process time after the Payee accepts a Payment is usually two (2) to three (3) business days, but may take longer due to card or banking system delays or other matters outside of our control. For Payers, on the Payment Date, we will charge the Card Payment or for Bank Payments, debit the designated bank account for the payment amount.
Online payments =on-time payments
We may request that you provide additional information to verify your identity or a Payment. A business day is defined as Monday through Friday, except for legal holidays. If the Payment Date falls on a weekend or U.S. federal holiday, it will be processed the next business day. You are solely responsible for any fees charged by your bank or any other third party in connection with your receipt of the returned Payment.
How accepting cards and digital payments works
Then, whenever you’re ready, upgrade to the Pro Plan to unlock even more money management features. Plus, easily access key reports (like profit and loss statements) about the health of your business. Wave’s dashboard organizes your info to show how your business is performing. Want to look more polished, save more time, and conquer cash flow? Just starting your business or looking for the basics?
Processing fees
- Your use of the Payment Service constitutes your agreement to all the terms of this Agreement.
- Except as otherwise provided in the Arbitration Provision, all provisions of this Agreement, notwithstanding the manner in which they have been grouped together or linked, are severable from each other.
- Deposits are sent to the debit card linked to your account in up to 30 minutes.
- Except as otherwise provided in the Arbitration Provision set out herein, this Agreement shall in all respects be governed by and interpreted, construed, and enforced in accordance with the Laws of the state in which you accepted this Agreement.
- Developer API Including but not limited to developer.waveapps.com, api.waveapps.com.
Once you initiate a Payment, we cannot assure you that we can stop or cancel the Payment. You must have sufficient funds available through the use of the card to cover the amount of the Card Payment. You agree not to initiate any Bank Payment that violates the laws of the U.S. or any other law that applies to you.
- We provide different levels of support, depending on the plan and/or the add-on features you choose.
- You agree not to initiate any Bank Payment that violates the laws of the U.S. or any other law that applies to you.
- You must have sufficient funds available through the use of the card to cover the amount of the Card Payment.
- If the Payer provides incorrect information about a Payee, we are not responsible for the recovery of any funds sent to an incorrect Payee.
- The cancellation of your subscription will take effect at the end of the billing period in which you cancel.
- You are solely responsible for any fees charged by your bank or any other third party in connection with your receipt of the returned Payment.
Deposits are sent to the debit card linked to your account in up to 30 minutes. As his is an electronic payment service, if you choose to withdraw your consent to receive electronic Communications, we will no longer be able to provide you with the Payment Service. Your consent to do business electronically and our agreement to do so covers all transactions you conduct through the Payment Service. When using the Payment Service to make Payments, you may elect to save your Payment information (card information or bank account information, as applicable) for future Payments. When you schedule a payment, you should allow sufficient time for the Payee to receive the Payment by its due date, which will be two (2) to three (3) business days after the Payee has accepted the Payment. You are responsible for ensuring that you have adequate available credit for Card Payments or that the funds are available in your bank account for Bank Payments.
Organized and stress-free small business accounting
We encourage you to read and familiarize yourself with the updated agreement, which takes effect on January 25, 2024. We’re making some updates to this agreement. We provide different levels of support, depending on the plan and/or the add-on features you choose. Any connections between you, your bank accounts, and Wave are protected by 256-bit SSL encryption. Learn more about changing subscription periods and plan types in our Help Center. If you’re looking for an on-the-go solution, you can install our mobile app to help you manage invoices and payments.
That is a massive time saver and helps me get paid faster! Except as otherwise provided in the Arbitration Provision, all provisions of this Agreement, notwithstanding the manner in which they have been grouped together or linked, are severable from each other. You may not modify or amend this Agreement unless we agree to such modification or amendment in a written instrument signed by a duly authorized representative of Wave. Except as otherwise provided in the Arbitration Provision set out herein, this Agreement shall in all respects be governed by and interpreted, construed, and enforced in accordance with the Laws of the state in which you accepted this Agreement. Wave does not have control of, or liability for, goods or services that are paid for with the Payment Service. As applicable, by authorizing a Payment electronically and agreeing to this Agreement, you are confirming that you are able to receive, open, and print or download a copy of any Communications for your records.
Is the subscription fee for the Pro Plan per owner or per business?
Our plans are built for small business owners at every stage! Keep your books organized and accurate and make tax time suck less. Deposit times may vary due to processing cutoff times or third party delays. Your deposit times may vary based on your financial institution. Approval is subject to eligibility criteria, including identity verification and credit review.
Introducing Wave Perks: Your hub for small business growth
Unlike other software, Wave is built for small business owners and solopreneurs at every stage—not accountants—so it’s easy for you to use. If you choose to cancel your subscription, it will remain active until the end of your current billing period. You can cancel your subscription up until one (1) day before your renewal date through Wave. The subscription fee for the Pro Plan is per business, not per owner. Learn how to cancel your subscription in our Help Center. The cancellation of your subscription will take effect at the end of the billing period in which you cancel.
Hands-off bookkeeping and financial guidance with in-house experts
Learn more about changing subscription periods and plan types, and how to cancel your Pro subscription in our Help Centre. Approval to use online payments is subject to eligibility criteria, including identity verification and credit review. For information on credit card rates, visit the pricing section for details. “Most of my clients pay with credit cards using the secure link on the invoice. At any time, you may withdraw your consent to receive electronic Communications by contacting You agree that any such electronic Communications have the same meaning and effect as if we had provided you with paper Communications.
G. For Payers: Our Liability for Failure to Make a Payment; Cancelled Payments
You further agree that your electronic signature (e-signature) has the same effect as your manual, physical signature. Communications are considered received by you within twenty-four (24) hours of the time they are job costing for construction emailed to you or posted to our website. You agree and give consent to receive Communications from us electronically. We will make reasonable efforts to send you notice that your Payment is not complete, but you are solely responsible for ensuring payment has been sent, received, and accepted in the correct amount by the Payee. We are not liable for any failure to complete a Payer’s Payment on the correct date or in the correct amount, if you provide inaccurate or incorrect information.
We may delay, cancel or reverse a payment if we believe or suspect that a transaction is invalid, fraudulent or violates applicable law, the terms of this Agreement, your authorization to initiate a Payment, or our policies. You give Wave the right to resubmit any returned or invalid payments you have authorized and to re-originate the Payment. You are solely responsible for any fees (including late, overdraft, return or over limit fees) charged by your card issuer, your bank or the Payee.
When you authorize a Card Payment, you authorize us to initiate a payment to the designated Payee through the card. The card must be in the name of the Payer or the person making the payment on behalf of the Payer. Wave is not a party to any agreement between a Payer and Payee and any disputes you have with a Payer or Payee are solely between you and the Wave User. The Payment Service enables you to make a payment to a person or entity that uses Wave services (a “Wave User”) in accordance with this Agreement. Your use of the Payment Service constitutes your agreement to all the terms of this Agreement. Below, you’ll see the terms you’re agreeing to when you use the Wave cash flow vs free cash flow Payment Service.
To make a Card Payment, the Payer must provide us with a valid credit or debit card number and other information necessary to implement a payment with that card. Stripe If your processing of credit card payments is powered by Stripe, you’re bound by their Terms of Service. All payments are subject to a risk review and periodic credit risk assessments are done on how to estimate bad debt expense business owners because we need to cover our butts (and yours). Deposit times may vary due to processing cutoff times, third party delays, or risk reviews.2Rates are 1% for bank payments (minimum fee of $1).
