A West African mobile-money app with low fees for receiving and sending money.
Wave is a mobile money where anyone can register to start earning. Fees are Free deposits and withdrawals, 1% P2P fee and you can withdraw via Agent cash-out and bill pay. Founded in 2018, Wave is based in Dakar, Senegal. It is available in Senegal + 7 African countries.
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What people actually earn on Wave
We haven't found a verified figure for what people earn on Wave yet. We add one here when Wave or an independent study publishes numbers. See what people earn on other platforms →
Can I join Wave?
Local mobile money with free deposits and withdrawals and 1 percent sending fee, no foreign currency receiving accounts.
Official requirements ↗ · Check which platforms you can join →
How Wave compares
- At 1%, Wave takes a smaller cut than 11 of the 15 payment receiving platforms we track that charge a percentage fee (median 1.7%).
- Wave is the only one of the 51 payment receiving platforms we track that pays out via bill pay.
- Launched in 2018, Wave is newer than most payment receiving platforms — 43 of the 53 we track were founded earlier.
Compared with the payment receiving platforms in our directory. See them all →
Is Wave legit?
Wave is a real, operating platform. What we could verify:
- Operating since 2018 (8 years)
- Headquartered in Dakar, Senegal
Listing last updated September 2026 · how we verify platforms · Missing or out of date? Tell us
Guides
No step-by-step guide for Wave yet. Browse all guides or find the right way to earn for you.
Frequently asked questions
How much does Wave charge?
Wave fees: Free deposits and withdrawals, 1% P2P fee. On a $100 payment that leaves you about $99, before withdrawal or conversion costs.
How do you get paid on Wave?
Wave pays out via Agent cash-out and bill pay.
Which countries is Wave available in?
Senegal + 7 African countries. Its main focus is Senegal, Ivory Coast and Mali.
Is Wave legit?
Yes, Wave is a real, operating platform: operating since 2018 (8 years) and headquartered in Dakar, Senegal. As with any platform, check its current terms before relying on it for income.
What are the best Wave alternatives?
Similar platforms include Payoneer, Mercado Pago, M-Pesa and PayPal. Compare their fees and payouts in the alternatives section below.
Compare Wave with…
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