Menu
For Business Write a review File a complaint
Wave Financial

Wave Financial review: Terrible

B
Author of the review
10:24 am EDT
Verified customer This review was posted by a verified customer. Learn more
Featured review
This review was chosen algorithmically as the most valued customer feedback.

They advertise that you will receive your money from clients within one to seven business days. After I ran a few transactions, it seems most of the payments are sitting at the seven-day settlement period. Then it says, depending on the client's bank, it could take longer than seven days. I have two clients that use Chase Bank, and they paid their invoice June 25th. My estimated settlement date is July 8th, which is over the seven days. This makes a small business owner very nervous. They definitely have possession of this money and are getting interest on it.

They do not offer live customer support, so you are just waiting on email responses from them.

After I went live using the service, they froze my account and asked for additional information. This should have been done when the account was set up. Very poor customer service.

This is a private company, so be careful, letting them hold your money for seven days or more is not a good thing.

Recommendation: Use a more well-known service that will transfer your money within one to two days period.

0 comments
Add a comment

More Wave Financial reviews & complaints

Wave Financial - Wave decided that my Sporting Goods business that sells firearms is not one that they want to be affiliated with
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.
Wave Financial - We had one of our customers pay their bill they owed us on March 4, 2020 for $23,400.00 on the WAVE online service
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.
Wave Financial - In August of 2020 I opened up an account with way financial because their ad had stated that it was the best and easiest way to get paid faster
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.
Replied
The company left an official comment to this complaint.
Wave Financial - On April 13th, 2022 a client paid an invoice through Wave Financial payment processor in the amount of $2,200
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.
Replied
The company left an official comment to this complaint.
Wave Financial - On Monday, I set up an account for my business to deliver invoices and receive payments through Wave, and invoiced a client
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.
Replied
The company left an official comment to this complaint.
Wave Financial - Client paid me 6/2/22 via Wave 3
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.
Replied
The company left an official comment to this complaint.
  1. Wave Financial Contacts

  2. Wave Financial phone numbers
    +1 (416) 521-9141
    +1 (416) 521-9141
    Click up if you have successfully reached Wave Financial by calling +1 (416) 521-9141 phone number 2 2 users reported that they have successfully reached Wave Financial by calling +1 (416) 521-9141 phone number Click down if you have unsuccessfully reached Wave Financial by calling +1 (416) 521-9141 phone number 2 2 users reported that they have UNsuccessfully reached Wave Financial by calling +1 (416) 521-9141 phone number
    +1 416 521 9141 ext:104
    +1 416 521 9141 ext:104
    Click up if you have successfully reached Wave Financial by calling +1 416 521 9141 ext:104 phone number 0 0 users reported that they have successfully reached Wave Financial by calling +1 416 521 9141 ext:104 phone number Click down if you have unsuccessfully reached Wave Financial by calling +1 416 521 9141 ext:104 phone number 0 0 users reported that they have UNsuccessfully reached Wave Financial by calling +1 416 521 9141 ext:104 phone number
    Vp Communications
    +1 (647) 986-4405
    +1 (647) 986-4405
    Click up if you have successfully reached Wave Financial by calling +1 (647) 986-4405 phone number 0 0 users reported that they have successfully reached Wave Financial by calling +1 (647) 986-4405 phone number Click down if you have unsuccessfully reached Wave Financial by calling +1 (647) 986-4405 phone number 0 0 users reported that they have UNsuccessfully reached Wave Financial by calling +1 (647) 986-4405 phone number
    Product Marketing Manager
    More phone numbers
  3. Wave Financial emails
  4. Wave Financial address
    500 - 155 Queens Quay E, Box 3, Toronto, Ontario, M5A 0W4, Canada
  5. Wave Financial social media
  6. Laura
    Checked and verified by Laura This contact information is personally checked and verified by the ComplaintsBoard representative. Learn more
    Nov 15, 2024
Wave Financial Category
Wave Financial is ranked 3 among 61 companies in the Accounting and Tax category