Is there a transaction fee when transferring money or cashing out money?

Transferring money between WavePay accounts is FREE.

Transaction fees apply for transferring money to the recipient who does not have WavePay account.


If you cash out from your WavePay account, the transaction fee will be deducted from your account. You can check transaction fees in “Fees Calculator” in the app.

No transaction fees charged for cashing in your WavePay account at Wave Money shops

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