Below is a payment timeline and pricing for our different methods of paying invoices.
Credit card payment: This process takes about 2 business days to process. The fee for this method of payment is 2.9% plus an additional 30 cents per transaction. For Amex card it's 3.4 + 30 cents.
ACH Bank payment: This process takes about 4-7 business days to process. The fee for this method of payment is only 1% with a minimum fee of $1. So for example if you send an invoice for $100 Wave collects $1 depositing $99 into your account, however if you invoice someone for $10, Wave collects a minimum of $1, depositing $9 into your account.
Perks of Processing with Wave
all payment processing fully integrates with our free invoicing and accounting software
no additional fees (no subscription fee, no settlement fee, no cancellation fee)
no fees for refunds (all funds are returned to your client)
Remember that weekends and bank holidays do not count towards this timeline!
Hope this helps.
Ggross1
Member Posts: 1
Comments
Hey there @Ggross1
Below is a payment timeline and pricing for our different methods of paying invoices.
Credit card payment: This process takes about 2 business days to process. The fee for this method of payment is 2.9% plus an additional 30 cents per transaction. For Amex card it's 3.4 + 30 cents.
ACH Bank payment: This process takes about 4-7 business days to process. The fee for this method of payment is only 1% with a minimum fee of $1. So for example if you send an invoice for $100 Wave collects $1 depositing $99 into your account, however if you invoice someone for $10, Wave collects a minimum of $1, depositing $9 into your account.
Perks of Processing with Wave
Remember that weekends and bank holidays do not count towards this timeline!
Hope this helps.