Introducing Waave, we offer merchants an alternative payment method alongside traditional cards and other offerings allowing customers to Pay by Bank.
The low cost, simple and secure way to accept and make payments in Australia.
Accept payments with fees up to 80% lower than cards
A simple, convenient and secure way for consumers to pay directly using their bank
We're talking: a simple & fixed 28 cent transaction fee, instant authorisation, faster funds settlement and no dishonour charges or chargebacks. We work with all Australian banks to help businesses enable simpler consumer-to-business payments. Save money with every transaction via Waave.
Waave Pay by Bank
1. Select
Select Pay By Bank at checkout
2. Connect
Connect your bank account
3. Approve
Approve the payment
We operate with every Australian Bank
Take control with our new, convenient and secure way to Pay by Bank
By connecting directly with banks and underpinning our service using secure Open Banking technology, fraud is minimised and chargebacks are removed. No need to store or remember your card or CCV numbers, improving convenience and significantly reducing fraud. Take control of your money by understanding and managing your subscriptions and payments in the palm of your hand.
Integration within days
(not weeks)
Waave gives you flexibility and scalability by integrating with commerce platforms for desktop, mobile, online and in-store. We have plug and play turnkey solutions for Shopify, CommerceTools, Magento, Wordpress/Woo Commerce and more. Check out our developer docs.
Safe & Secure
We are an ACCC accredited data recipient and are regulated by AUSTRAC. This means your data is secured with the highest encryption management systems compliant with all Australian open data regulations.
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Traditional Payment Systems Are Outdated – Here’s Why
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What Is ChatGPT and How Can It Benefit Your Business?
What exactly is AI and more importantly what is ChatGPT? Here’s our take on how ChatGPT is enhancing business efficiency.
What is Pay By Bank?
Pay by Bank is bringing payments into the 21st century. Here’s how open banking is reducing merchant fees by up to 80%.
