Wave’s leading security experts and best-of-industry practices ensure your information is always secure. We use 128-bit encryption and encode your debit card information as soon as it is entered in the Wave app -- a process that overwrites your details so that it’s unreadable by unauthorized parties. Plus, because we always send your money instantly, your funds aren’t stored in our bank accounts, but instead are moved instantly to your recipient’s mobile wallet or bank account!
As a money transmitter in the United States, UK and Canada, we are regulated by multiple government agencies to ensure that we undertake the necessary measures to protect our user’s personal and financial information. Check out our FAQ for more information.