name: Wave Financial FinOps
description: Financial operations considerations for integrating with Wave Financial API
url: https://www.waveapps.com/pricing
created: 2026-06-13
modified: 2026-06-13
cost_model:
  api_access: free
  description: Wave Financial API has no per-call fees or subscription costs for API usage itself
  notes:
    - Core Wave accounting features and API access are free
    - Paid options exist for payments processing, payroll, and advisory services
    - As of May 2025 connected businesses must have Wave Pro subscription for third-party OAuth apps
transaction_costs:
  credit_card_processing:
    starter_plan: 2.9% + $0.60 per transaction
    pro_plan_first_10: 2.9% + $0.00 per transaction
    pro_plan_after_10: 2.9% + $0.60 per transaction
  bank_payments:
    description: ACH bank payment processing
    notes: Contact Wave for current ACH pricing
subscription_costs:
  pro_plan:
    monthly: 19 USD
    annual: 190 USD
    notes: Required for businesses connecting via third-party OAuth apps as of May 2025
  wave_advisors:
    monthly_starting: 199 USD
optimization:
  - name: Use Pro Plan for OAuth Integrations
    description: Third-party integrations require connected businesses to have Pro subscription; budget $19/month per connected business
  - name: Monitor Daily API Limits
    description: Stay within 5000 requests/day per application to avoid service interruption
  - name: Cache Responses
    description: Implement response caching to reduce API call volume and associated overhead
  - name: Batch GraphQL Queries
    description: Use GraphQL to request only required fields and combine multiple data needs in fewer requests
  - name: Use Refresh Tokens
    description: Implement token refresh to avoid re-authentication overhead; access tokens expire after 2 hours
compliance:
  - name: Canadian Privacy Law
    description: Wave Financial is a Canadian company; data handling must comply with PIPEDA
  - name: PCI DSS
    description: Payment processing integrations must comply with PCI DSS standards
  - name: SOC 2
    description: Wave maintains SOC 2 compliance for security and availability
notes:
  - Wave Financial was acquired by H&R Block in 2019
  - API is primarily GraphQL with a single endpoint at https://gql.waveapps.com/graphql/public
  - No OpenAPI/Swagger specification available; schema is GraphQL SDL