Wave

Wave Mobile Money is a mobile money and digital finance app for individual consumers that supports everyday payments and transfers.

Key capabilities include:

• Cash in and cash out with free deposits and withdrawals
• Money transfers to other people for a 1% fee
• Bill payments with no fees
• Airtime top-ups for mobile credit purchases

The service also provides a toll-free customer support number and promotes security controls to help protect user funds.

Available on Android and iOS.

Target audience: Consumers who need a mobile wallet for sending money, paying household bills, and buying airtime.

What makes it notable in an African market context is its fee structure, offering free deposits, withdrawals, and bill payments, with a clearly stated 1% transfer fee, plus in-app access to support and security information (including a responsible disclosure policy).

As of Jun 22, 2026, Wave is rated 4.6 on the App Store from 3.4K reviews and 4.5 on Google Play from 339.4K reviews with 50M+ installs.