Now that you're active, you can view the status of both your payments and payouts in your Wave account.

Payments

To access a view of your payments, go to Sales > Payments in the navigation bar. Here you can see which of your payments are still processing and which have already been completed. By clicking into a payment you can also view a breakdown of the processing fees and how much is being deposited into your account.

To view any payments that were refunded or voided, click on the Refunds tab.

What's the difference between a payment and a payout? A payment is the amount of money that your customer pays you while a payout is the sum of money (the payment minus processing fees) that you receive in your bank account. Because the system groups all deposits together that arrive on the same day, a payout can include numerous payments from your customers.

Payouts

To access a view of your Payouts, go to Banking > Payouts in the navigation bar. Here you can see which of your payouts are still processing and which have already been completed. By clicking into a payout you also see a breakdown of which payments are included in the payout and the total fees taken before it is deposited into your bank account.

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