WAVE* Charge (What It Is + Is It Legit?)
✓ LegitimateThe "WAVE*" charge is from Wave Accounting. Wave accounting software charge.
Wave Accounting
Wave accounting software charge.
Category
SaaS
Avg. Charge
Variable
Country
CA
Billing Cycle
Variable
Cancel At
waveapps.com/account
Support
See website
Why does this charge appear?
Wave Accounting uses the shortened "WAVE*" descriptor on bank statements because payment processors typically truncate merchant names to fit within the character limits imposed by card networks like Visa and Mastercard, which often restrict descriptors to 22 characters or fewer. The asterisk following "WAVE" is a common separator used by payment processors to distinguish the merchant's brand name from any additional transaction detail, such as a product tier or billing identifier. If you see WAVE* on your statement, it almost certainly corresponds to a subscription or transaction through Wave Accounting, the Canadian-based free and paid financial software platform used by small businesses for invoicing, accounting, and payroll.
What should you do?
Confirm Your Wave Accounting Subscription
Log in to your Wave Accounting account at waveapps.com and navigate to your billing or subscription settings to confirm that the WAVE* charge on your bank statement matches an active plan or paid feature you have enabled.
Check the Charge Amount Against Your Wave Plan
Wave Accounting offers free and paid services, so cross-reference the exact dollar amount of the WAVE* charge with any paid add-ons you may have activated, such as payroll processing or payment acceptance features through your waveapps.com account.
Review Your Wave Billing History
Visit waveapps.com and go to your account settings to pull up your full billing history. This will show a detailed record of all past WAVE* charges, helping you confirm whether this transaction is part of a recurring billing cycle or a one-time fee.
Cancel or Manage Your Wave Subscription if Needed
If you no longer need the Wave Accounting service or want to stop future WAVE* charges, visit waveapps.com/account to manage or cancel your subscription. Make sure to cancel before the next billing date to avoid being charged again.
Is this charge fraudulent?
No, this is a legitimate charge from Wave Accounting. However, if you did not authorize this charge or cancelled your subscription, you may be eligible for a refund.
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