Wave
The facts below are what the maker publishes about Wave, checked and dated. Our editors have not written about it yet.
Plans and prices
From Wave's own pricing page, checked 12 Oct 2026.
| Plan | Price | What it gives you |
|---|---|---|
| Wave mobile money | Priced on request | Cash deposits and withdrawals, bill payments: free · Money transfers: 1% · Airtime available |
The facts
Each one read from Wave's own pages, with the date it was checked.
What it does
- Account type
- The Gambia terms say a Wave mobile wallet is electronic money and does not create a checking account or other bank account.checked 12 Oct 2026
- Customer support
- Wave advertises toll-free telephone support for instant customer help.checked 12 Oct 2026
- Data use
- Wave says it does not sell users’ personal data to third parties for their direct marketing except with user consent.checked 12 Oct 2026
- Identity verification
- The Gambia terms say customers must provide valid identity documents and Wave agent assistance is used for account identity verification.checked 12 Oct 2026
- Intended users
- Wave describes its mission as building an inclusive, affordable financial network for users across Africa.checked 12 Oct 2026
- Limits
- For The Gambia, the terms specify KYC1 balance and 30-day inflow limits of 20,000 GMD, and KYC2 balance and 30-day inflow limits of 200,000 GMD and 1,000,000 GMD respectively.checked 12 Oct 2026
- Privacy and security
- Wave says it uses security measures to prevent personal data from being lost, disclosed, or used without authorization, and limits access to people with a business need to know.checked 12 Oct 2026
- Product
- Wave offers mobile money services through a mobile app, including deposits, withdrawals, transfers, bill payments, and airtime purchases.checked 12 Oct 2026
- Regulatory status
- Wave Digital Finance says it received an electronic money issuer license from BCEAO on April 14, 2022.checked 12 Oct 2026
- Transaction authorization
- The Gambia terms say transactions must be authorized with a secret PIN or another method Wave may require.checked 12 Oct 2026
- Transfer fee
- The homepage says sending money costs 1%.checked 12 Oct 2026
- Transfer speed
- instantchecked 22 Sep 2026
- Transfer tracking
- Yeschecked 22 Sep 2026
The company
- Company entity
- Wave Digital Finance SA is a member firm of the Wave Mobile Money Group and was created on March 29, 2021, in Senegal.checked 12 Oct 2026
- Founded
- 2017checked 28 Sep 2026
Money
- Free services
- The homepage says depositing, withdrawing, and paying bills are free.checked 12 Oct 2026
Where it runs
- Mobile platforms
- bothchecked 22 Sep 2026
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