How to add money to your Wave Visa Business Debit Card

It’s easy to add funds to your Wave Money account. Connect to Wave Payments to take advantage of free Instant Payouts, or add money from a different bank account or payments processor.

Wave Money is currently in limited release and available by invitation only. If you haven’t received an invitation, learn more about Wave Money here.

Instant Payouts

If you weren't previously set up for Wave Payments, you will also need to complete that process to receive funds through Wave Invoicing. Instructions can be found here.

With Instant Payouts, you can get access to your funds as soon as your customers pay you, even on evenings, weekends, and holidays. 

When you have an Instant Payout available, we’ll send you an email. You can accept the payout from your main Wave account under Sales > Payouts, or in the Wave Invoicing mobile app.

What about the bookkeeping?

The bookkeeping for these transactions is taken care of automatically! You’ll see three transactions:

  1. As soon as payment is recorded, you’ll see an invoice payment transaction in your Wave Payments account.
  2. When you accept an instant payout for that payment, the deposit transaction will be automatically imported.
  3. Once the Wave Money transaction from step 2 is pulled in, Wave will automatically create a transfer between your Wave Payments account and your Wave Money account. That transaction represents the movement of funds from the Wave Payments holding account to your Wave Money account.

Transfer money from another bank account

Want to transfer funds from another bank account you own to your Wave Money account?

Select Settings on the dashboard of your Wave Money app, then your account and routing numbers will be shown on this screen. From there, sign in to the bank account you want to send money from, and follow their process for initiating an ACH transfer. Your bank’s standard fees, if any, will apply to transactions initiated from that account.

Send the ACH transfer to your Wave Money account using the account and routing numbers displayed in your app.

Connect a payments processor

Want to add a payments processor like Paypal, Stripe, or Shopify to your Wave Money account? Any funds processed through your payments processor will be automatically imported to your Wave Money account.

Select Settings on the dashboard of your Wave Money app, then your account and routing numbers will be shown on this screen.

Sign in to your payment processor’s website and navigate to payout settings (the name may be different depending on the processor). Follow their steps to add or modify your bank account. Enter your Wave Money account and routing numbers where requested.

Check Deposit

You can take a photo of the checks you receive and have these deposited directly into your Wave Money account!

Select Deposit on your Wave Money dashboard. You will now be able to take a photo of the front of the check using your phone’s camera. Once you have a photo of the front, you will need to do the same for the back of the check. Once you have completed the details from your check and confirmed them, your check deposit will begin to process!

Check deposit timelines are between 5-8 business days. You can track any pending check deposits by tapping on the available balance option or navigating to your transactions list within your Wave Money app.