A 1% fee is applied to the amount you withdraw from your available balance, in addition to regular processing fees. Instant payouts is an additional service offered by Wave subject to user and payment eligibility criteria. In some cases, we may hold funds and request more information if we need it for the protection of your business and Wave's. All payments are subject to a risk review and periodic credit risk assessments are done on business owners because we need to cover our butts (and yours). Your deposit times may vary based on your financial institution. See full terms and conditions.Īpproval is subject to eligibility criteria, including identity verification and credit review. ![]() ![]() Discover processing is only available to US customers. After the offer ends: get 2.9% + $0 (Visa, Mastercard, Discover) and 3.4% + $0 (Amex) per transaction for the first 10 transactions each month, then 2.9% + $0.60 (Visa, Mastercard, Discover) and 3.4% + $0.60 (Amex) per transaction. Deposit times may vary due to processing cutoff times or third party delays.Ģ While subscribed to Wave’s Pro Plan, get 2.9% + $0 (Visa, Mastercard, Discover) and 3.4% + $0 (Amex) per transaction for an unlimited number of transactions during the offer period. Deposits are sent to the debit card linked to your account in up to 30 minutes. Instant Payout is an additional service offered by Wave subject to user and payment eligibility criteria. Payments are a pay-per-use feature no monthly fees here! Your deposit times may vary based on your financial institution. A few notes about accepting online payments through Wave:Īpproval is subject to eligibility criteria, including identity verification and credit review. Deposit times may vary due to processing cutoff times, third party delays, or risk reviews. You can also include it in the notes field on the invoice - i.e., "Please remit payment to John Smith at 123 Broadway, Washington DC 20009." Using the "Download Invoice" function, you can attach the invoice to your own email and write a message indicating the payment methods you accept.1 Payouts are processed in 1-2 business days for credit card payments and 1-7 business days for bank payments. When you use the "Send Invoice" function on the Invoice Generator, the ability to pay the invoice is embedded in the invoice. ![]() Once you’ve decided on payment methods to offer clients, you have a couple of options. If your customers prefer online payments that incur extra fees, you might consider increasing your rates to cover the cost of those fees. Understand those fees before you make a decision, and be aware of customer preferences as well. There are usually fees associated with wire transfers and online providers. Make sure you decide on payment methods you’ll accept before invoicing your customers. ![]() You may choose to accept direct debit, ACH payments, credit card and debit cards, wire transfers, or checks. There are myriad ways to receive payments.
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