Lemon Squeezy vs Wave — Pricing, Plans, and Verified Costs (2026)

TL;DR

Lemon Squeezy starts at Free. Wave starts at $19/mo. Lemon Squeezy is $19/mo cheaper on the entry tier than Wave.

Both prices verified September 17, 2026

See price history: Lemon Squeezy · Wave

How pricing works

These two tools don't price the same way, so the headline numbers below aren't directly comparable until you plug in your own volume.

  • Lemon Squeezy (Per Usage) Lemon Squeezy bills purely on usage — 8%/5%/3.5% + $0.50 per transaction (Free / Plus $19/mo / Pro $79/mo). There is no fixed per-seat fee, so the monthly cost depends entirely on how much you consume.
  • Wave (Freemium) Wave bills on a fixed plan from $19/mo, so the listed price is what you pay regardless of volume.

Per-minute, per-credit and per-token rates exclude any downstream model, speech or telephony costs unless the vendor states otherwise.

Lemon Squeezy logo
Lemon Squeezy
Finance & Accounting
Starts at
Free

Merchant of Record (MoR) payment platform for digital products, acquired by Stripe in July 2024. Positioned as the alternative to running Stripe + Quaderno + affiliate tools separately. Distinctive for handling global sales tax/VAT compliance (they become the seller of record) — massively reduces admin for creators selling internationally. Restructured July 8, 2026 to tiered MoR fee plans: Free (8% + $0.50/txn, no monthly), Plus ($19/mo + 5% + $0.50), Pro ($79/mo + 3.5% + $0.50). Also part of 'Lemon Squeezy + Stripe Managed Payments' 2026 update. Popular with course creators and indie SaaS.

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Wave logo
Wave
Finance & Accounting
Starts at
$19/mo

Free accounting software from Canada, acquired by H&R Block for $537M in 2019. Positioned as the alternative to QuickBooks for freelancers and micro-businesses that can't justify a paid accounting subscription. Distinctive for its genuine forever-free accounting/invoicing (competitors moved everything to paid). Monetizes through payments (2.9% + 60¢), payroll ($20-$40/mo), and advisor services. Popular with side hustlers, freelancers, and micro-businesses under $50K annual revenue.

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All plans compared

Tier rolePlanLemon Squeezy monthlyLemon Squeezy annualWave monthlyWave annual
Free / starterFree / StarterFreeFreeFreeFree
Entry paidPlus / Pro$19$19$19$15.83
Pro / powerPro / —$79$79

Tier names differ across vendors. Rows are aligned by tier role, not name. Full tier structures on each tool's page.

What each is best for

Lemon Squeezy logo
Lemon Squeezy

Lemon Squeezy is worth it if… solo creators and small SaaS companies selling digital products globally who want a Merchant-of-Record handling sales tax, VAT, and compliance — not just payment processing. 50 (breakeven around ~$2,700/mo).

Wave logo
Wave

Wave is worth it if… US/Canada freelancers and solo entrepreneurs who want completely free accounting + invoicing + receipt scanning — particularly for early-stage founders bootstrapping before they need QuickBooks. Free forever for core accounting and invoicing; charges per transaction for payments and payroll.

Bottom line: Choose based on how you want to pay — Lemon Squeezy is per usage, Wave is freemium.

Choose Lemon Squeezy over Wave if…

Choose Lemon Squeezy if…

  • You want to pay only for actual usage (per usage, a free entry tier).
  • You match the profile Lemon Squeezy is built for: solo creators and small SaaS companies selling digital products globally who want a Merchant-of-Record handling sales tax, VAT, and compliance — not just payment processing.
  • You need a general-purpose finance & accounting option rather than a vertical-specific one.

Choose Wave if…

  • You want fixed-price predictability (freemium, from $19/mo).
  • You match the profile Wave is built for: US/Canada freelancers and solo entrepreneurs who want completely free accounting + invoicing + receipt scanning — particularly for early-stage founders bootstrapping before they need QuickBooks.
  • You need a general-purpose finance & accounting option rather than a vertical-specific one.

At a glance

Lemon SqueezyWave
Free plan Yes Yes
Entry priceFree$19/mo
Enterprise available No No
Pricing modelPer UsageFreemium
Last verifiedSeptember 17, 2026September 19, 2026
Full pricingView full pricing View full pricing

Pricing last verified September 19, 2026. Tracked daily.

Frequently asked questions

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Common questions about Lemon Squeezy and Wave

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