Wave vs. Paypal Payments

Everything you need to confidently run your business.

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Wave vs. Paypal Payments

Wave

Paypal

Unlimited invoicing
Free
Free
Unlimited customers and products
Free
Free
Invoice customization
Free
Limited
Virtual Terminal (keyed-in transactions)
Free
$35/month
Automatic bookkeeping and reconciliation
Free
NO
Invoice open tracking
Free
NO
Recurring billing
Free
NO
Automatic payments
Yes
NO
Estimates
Free
NO
Credit card processing
2.9% + 30¢ per transaction (all credit cards), 3.4% + 30¢ per transaction for AMEX
2.9% to 3.5% + 30¢ per transaction, 3.5% + 30¢ per transaction for AMEX
Free refunds
Yes, Wave returns the 2.9% + 30¢ credit card payment fees.
No, Paypal keeps the processing fees when a refund is issued.

Customers love Wave

4.4 out of 5 stars based on user reviews collected by G2Crowd as of Spring 2022.

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4.4 out of 5 stars

Most of my clients pay with credit cards using the secure link on the invoice. That is a massive time saver and helps me get paid faster!

Estelle Tracy - 37 Chocolates

Everything you need to confidently run your business.

Create your free account

Wave vs. Paypal Payments

Here's why we think you'll love Wave

Payments

Flexible billing to suit any customer. Time-saving features like scheduled payment reminders and automatic credit card payments. Connects seamlessly with Wave’s free invoicing and accounting software, so you’ll always have the information you need in one place. Pay only 2.9% + 30¢ per transaction with no subscription fees or hidden charges (3.4% + 30¢ per transaction for American Express cards).

Invoicing

Professional, customizable invoices that are quick and easy to create. Send invoices on the go using Wave’s iOS and Android apps, which automatically sync to your accounting records so your bookkeeping is already done. Send unlimited recurring invoices to as many customers as you want—all free.

Accounting

Powerful, cloud-based accounting software that perfectly integrates with Wave’s suite of free tools to help you run your business better. Unlimited, secure and reliable bank connections, free of charge. Designed to be easy for freelancers and small business owners to use, while making accountants happy with robust reports and functionality.

Do what you love. Leave the rest to us.
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