See pending and completed payments from project-based and quarterly clients in one dashboard to identify revenue ebbs and flows and plan accordingly. Track customer views and invoice payments in the Wave dashboard so you always know where you stand with sellers, property managers, buyers and renters. Make it easier for your customers to pay you right from their bank account.
Plans to makeyour plans happen.
Set up recurring invoices for your finance clients and safely store credit card info so you have one less thing to keep track of. When everything is neatly where it belongs, tax time is simple. Wave’s smart dashboard organizes your income, expenses, payments, and invoices. Customers can pay instantly by credit card or Apple Pay when they view the invoice online. We built our Payroll tool for small business owners, so it’s easy to use AND teaches you as you go. It’s great for creating and delivering invoices, though the analytics leave a little to be desired, top 10 tax tips about filing an amended tax return as they don’t support custom reports.
Speed up your cash flow.
It can also accommodate a variety of novel and international payment methods if you need them. Get paid in 1 to 2 days1, enhance your elements of cost in cost accounting brand, and look professional when you enable online payments. With a Pro Plan subscription, get $0 transaction fees on your first 10 transactions each month. Show clients they’re in good hands by sending business invoices, estimates, and receipts. Automate overdue reminders and credit card payments to reduce friction and focus on the work.
As is the case with Square, American Express is processed at the same rate as Visa, Mastercard, or Discover. There’s no shortage of payment processing options for sole proprietors and contractors. When you’re running a business by yourself, however, you’re probably going to look for labor-saving conveniences whenever you can get them. Wave, a popular accounting tool for freelancers, now offers integrated credit card processing with its (almost) free-to-use software. Overall, customers have found Wave easy to use and convenient for invoicing and accepting payments. They like the mobile app and dashboard features, along with the ability to make professional, branded invoices.
- This free, easy-to-use accounting software is great for small businesses, especially for eCommerce, but lacks in project management, budgeting, and inventory tracking.
- Customers can make payments with credit card and ACH bank transfers, as well as Apple Pay and Google Pay.
- Recurring invoices are created using a separate tool that sets specific customer and service information, along with how quickly payment is expected.
- Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.
- Get paid in 1 to 2 days1, enhance your brand, and look professional when you enable online payments.
Some customers have also complained that Wave freezes payments but won’t give a straight answer about why thousands of dollars in funds are being held up. Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Stripe isn’t the most freelancer-friendly payment platform in and of itself, but it integrates into a lot of services that freelancers use, including Wave itself. Simply email your customers an invoice and they can use the secure “Pay Now” button to send over your payment. We provide different levels of support, depending on the plan and/or the add-on features you choose.
Priced right for small businesses
You’ll get three basic template choices, the ability to add your logo and choose an accent color. Join the thousands of people like you already growing their businesses and knowledge with our team of experts. We deliver timely updates, interesting insights, and exclusive promos to your inbox. Any connections between you, your bank accounts, and Wave are protected by 256-bit SSL encryption.
Wave Payroll
The company also offers good customer support options, including an accounting guide, to help you learn to balance the books and use the software. Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with getting started with wave payments experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication.
Wave also handles general finance management, and with the right third-party integrations, it can support CRM, ecommerce, and email marketing as well. For tax service states, Wave Payroll costs a $35 monthly base fee, plus $6 per active employee or independent contractor. For self service states, Wave Payroll costs a $20 monthly base fee, plus $6 per employee or contractor. An additional fee applies for filing your taxes through this integration, which includes an automatic import of Wave data into H&R Block. By providing feedback on how we can improve, you can earn gift cards and get early access to new features.
Customers can pay directly from an invoice by credit card, ACH bank transfer or Apple Pay — the same options offered by Wave Payments. The processing fees are a flat rate of 2.9% plus 30 cents for credit cards and Apple Pay, and a 1% fee on all U.S.-based ACH transfers. Plus you can add checkout links on your business website and social media profile so customers can check out without having to wait for an invoice. In some cases, we may hold funds and request more information if we need it for the protection of your business and Wave’s.
Wave is headquartered in the East Bayfront neighborhood in Toronto, Canada. Our partners cannot pay us to guarantee favorable reviews of their products or services. While Wave Payments and Square Payments offer a very similar fee for card-not-present transactions, Square’s processing services are far more robust. Wave Payments is a payment processing service built into Wave, a software-as-a-service platform for freelancers and other self-employed workers.