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Introducing more ways to pay!

Making purchases with WAVE Electronics just became even easier! We've listened to your feedback and are thrilled to announce that we now accept Venmo and PayPal, giving you more flexibility when it comes to payments. Plus, with the addition of PayPal Pay Later, you can choose to spread your payments over time. It's all about making your WAVE shopping experience as seamless as possible!

Venmo

Now at WAVE, you can use your Venmo account to make purchases simply, securely, and swiftly. Just choose Venmo at checkout, sign in to your account, and proceed!

PayPal

With PayPal, you can pay for your orders directly from your PayPal account or via debit or credit cards linked to it.

PayPal Pay Later

This is a feature within PayPal, designed to offer you flexibility. It allows you to make a purchase and pay for it over time, without any upfront payment, interest, or fees when you meet the required criteria and pay in full within the promotional period. 

How Pay Later works

  Pay in 41 Pay Monthly2
Purchase Amount $30 to $1,500 $199 to $10,000
Number of payments 4 interest-free payments 6, 12, or 24 payments
Time between payments Bi-weekly (1 down payment & 3 payments) Monthly
APR 0% 9.99% to 29.99%
Repayment method Debit card, credit card, or confirmed bank account Debit card or confirmed bank account
Purchase Protection3 Included Included
Sign-up and late fees None None
Autopay available Automatically enrolled at time of purchase Enroll in autopay at time of purchase or any time after

FAQ

Do I still earn Premier Rewards when using Venmo, PayPal, or PayPal Pay Later?

Yes! All purchases made with Venmo, PayPal, and PayPal Pay Later are eligible to earn rewards as long as all other criteria are met. 

 

Can I use PayPal instead of Terms?

PayPal is not available for dealers with Terms accounts. 

 

Can I use PayPal to pay at my local branch?

PayPal is currently only available for online purchases with WAVE Electronics.

 

Can I increase my PayPal limit?

The limit is per transaction cannot be changed.

 

Do I need credit for Buy Now, Pay Later?

When applying, a soft credit check may be needed, but will not affect your credit score.​ You must be of legal age in your U.S. state of residence to use Pay in 4.

 

Does Pay in 4 or Pay Monthly charge interest and fees?

Pay in 4 is always interest-free, with no late fees or signup fees. With Pay Monthly, you may pay simple interest depending on your APR, you won’t pay any late fees or signup fees.

 

Can I pay early with Monthly payments?

Yes, you can view your Pay Monthly remaining balance in the PayPal app by clicking Pay Later. There you can make additional payments as desired or pay off the loan in full at any time and you won’t be charged a fee or penalty if you do so. Paying the loan off early may lower the total amount of interest you pay.

 

1Pay in 4 is available to consumers upon approval for purchases of $30 - $1500. Pay in 4 is currently not available to residents of MO, NV, or NM. PayPal, Inc.: Loans to CA residents are made or arranged pursuant to a CA Financing Law License. GA Installment Lender Licensee, NMLS #910457. RI Small Loan Lender Licensee. When applying, a soft credit check may be needed, but will not affect your credit score. You must be of legal age in your U.S. state of residence to use Pay in 4. Offer availability depends on the merchant and also may not be available for certain recurring, subscription services. Offers are not pre-approved offers or firm offers of credit.

2Pay Monthly is subject to consumer credit approval. 9.99-29.99% APR based on the customer’s creditworthiness. Terms may vary based on purchase amount. For example, a $600 purchase can be paid at 18% APR in 6 monthly payments ($105.34/mo.; $32.02 interest; $632.02 total of payments), 12 monthly payments ($55.02/mo.; $60.20 interest; $660.20 total of payments), or 24 monthly payments ($29.96/mo.; $119.07 interest; $719.07 total of payments). Payments may change based on shipping, taxes, updates to your purchase, or missed payments. Offer availability depends on the merchant and may not be available for subscriptions or recurring payments. Pay Monthly is currently not available to residents of AK, CO, HI, MA, NV, NY, or TX. You must be of legal age in your U.S. state of residence. Missed payments may have an impact on your credit score. The lender for Pay Monthly is WebBank. PayPal, Inc. (NMLS #910457): CT Small Loan Licensee. RI Loan Broker Licensee. VT Loan Solicitation Licensee. VT residents: THIS IS A LOAN SOLICITATION ONLY. PAYPAL, INC. IS NOT THE LENDER. INFORMATION RECEIVED WILL BE SHARED WITH ONE OR MORE THIRD PARTIES IN CONNECTION WITH YOUR LOAN INQUIRY. THE LENDER MAY NOT BE SUBJECT TO ALL VERMONT LENDING LAWS. THE LENDER MAY BE SUBJECT TO FEDERAL LENDING LAWS.

3Available on eligible purchases. Limits apply. See PayPal Purchase Protection terms and conditions.