Deposits are sent to the debit card linked to your account in up to 30 minutes. A 1% fee is applied to the amount you withdraw from your available balance, in addition to regular processing fees. Instant Payout 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). 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. 1 Payouts are processed in 1-2 business days for credit card payments and 1-7 business days for bank payments.