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    Sphere vs Wave
    Invoice Payments, Pricing & Features

    See how Sphere's lower invoice payment fees — 0.8% ACH capped at $20 vs. Wave's uncapped 1% — stack up, plus what Wave's "free" plan doesn't include.

    Best Value

    Sphere

    $25
    per month
    Unlimited users
    Monthly Price
    $25/mo
    Free Plan Includes Bank Syncing
    Unlimited Users
    AI Financial Assistant (ask questions about any of your data)
    Branded Invoices
    Credit Card Fees (Online Invoice Payments)
    2.9% + $0.30
    ACH/Bank Transfer Fees (Online Invoice Payments)
    0.8% (max $20)
    Payment Processing
    Powered by Stripe
    Double-Entry Accounting
    Chart of Accounts
    Financial Reporting
    Get Started

    Wave

    $19
    per month
    (Required) For bank & credit card transaction syncing
    Monthly Price
    $19/mo
    Free Plan Includes Bank Syncing
    Requires $19/mo Pro plan
    Unlimited Users
    AI Financial Assistant
    No AI functionality at all
    Branded Invoices
    Credit Card Fees (Online Invoice Payments)
    2.9% + $0.60
    3.4% + $0.60 for Amex
    ACH/Bank Transfer Fees (Online Invoice Payments)
    1% — no max cap
    Payment Processing
    Proprietary processor
    Double-Entry Accounting
    Chart of Accounts
    Financial Reporting
    Visit Wave

    Lower Payment Processing Fees = More Money in Your Pocket

    Invoice payment processing fees can add up fast. Here's how much you save with Sphere compared to Wave — all processed through Stripe.

    ACH / Bank Transfer Fees

    For large payments, ACH bank transfers are the preferred method. But uncapped percentage fees can eat into your revenue — especially on $5,000+ invoices.

    Sphere
    0.8%, capped at $20
    $20.00
    on $10K payment
    Wave
    1%, no cap
    $100.00
    on $10K payment
    You save $80 per $10,000 payment
    Process 10 large ACH payments per year? That's $800 in your pocket instead of payment fees.

    Credit Card Fees

    For smaller or urgent payments, credit cards are convenient. Sphere offers the same low rate for all card types — including Amex.

    Sphere
    2.9% + $0.30 (all cards)
    $29.30
    on $1K payment
    Wave
    2.9% + $0.60
    3.4% + $0.60 for Amex
    $29.60
    on $1K payment
    $34.60 (Amex)
    Competitive credit card rates
    Sphere charges 2.9% + $0.30 for all card types including Amex — no Amex surcharge like Wave.

    Real Savings for Small Business Owners

    If you're processing $50,000+ in ACH invoice payments per year, you could save $400+ annually on payment fees alone by switching from Wave to Sphere — on top of getting free bank syncing included in Sphere's Free plan.

    Why Choose Sphere?

    Free Bank Syncing, Actually Free

    Wave's free plan doesn't include automatic bank feeds — that's a $19/month add-on. Sphere's Free plan includes bank syncing for up to 50 transactions a month at no cost.

    Lower Fees, Backed by Stripe

    Sphere's payment processing runs on Stripe, with lower ACH and credit card rates than Wave — including no Amex surcharge.

    AI-Powered

    Our AI Financial Assistant helps you understand your finances in plain English — a feature Wave doesn't offer at all.

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    Ready to make the switch?

    Start your free trial today. No credit card required.

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    Calculate your exact savings with our payment fee calculator