Papaya Global vs Wave Payroll

A detailed comparison of Papaya Global and Wave Payroll. See how they stack up on features, pricing, and user ratings.

At a Glance

Papaya Global Wave Payroll
Rating 4.3/5 4.1/5
Starting Price $12/mo $40/mo
Free Trial No Yes
Free Plan No No
Features 7 7
Best For Enterprise SMB

Papaya Global

Global payroll and EOR platform for enterprises, offering payroll processing in 160+ countries with workforce analytics and compliance automation.

Rating 4.3/5
Best for Enterprise
Free trial No
Free plan No
Visit Papaya Global →

Wave Payroll

Affordable payroll solution from Wave, designed for small businesses and freelancers already using Wave's free accounting software.

Rating 4.1/5
Best for SMB
Free trial Yes
Free plan No
Start Free Trial →

Feature Comparison

Feature Papaya Global Wave Payroll
Workflow Automation
Reporting Dashboard
EEO/OFCCP Compliance
GDPR Compliance
API Access
HRIS Integration
Mobile App

Pricing Comparison

Papaya Global

Payroll $12/mo
Employer of Record $650/mo
Contractor $30/mo

Wave Payroll

Tax Service $40/mo
Self Service $20/mo

Integrations

Both tools integrate with

Zapier

Only Papaya Global

Azure AD BambooHR Microsoft 365 Microsoft Teams NetSuite Okta Outlook QuickBooks SAP SuccessFactors Slack

Only Wave Payroll

Gmail Google Workspace

Pros & Cons

Papaya Global

Pros

  • +Global payroll processing in 160+ countries with own payment rails
  • +Strong analytics and workforce intelligence dashboards
  • +Can handle both EOR and payroll-as-a-service (own entity) models
  • +Cross-border payment capabilities with competitive exchange rates

Cons

  • -Higher EOR pricing (~$650/employee/month) than some competitors
  • -Platform can feel complex for small teams
  • -Enterprise focus — less suitable for companies with fewer than 50 employees
  • -Implementation can take longer than simpler EOR platforms

Wave Payroll

Pros

  • +Seamless integration with Wave's free accounting and invoicing
  • +Affordable pricing for very small teams
  • +Direct deposit and automatic payroll tax calculations
  • +Simple interface designed for non-accountants

Cons

  • -Full tax-service payroll limited to certain US states
  • -No HR features — purely payroll
  • -Fewer features than competitors like Gusto at a similar price point
  • -No benefits administration

Which Should You Choose?

Choose Papaya Global if:

  • • Your company is Enterprise size
  • • Higher user ratings matter to you (4.3 vs 4.1)
  • • Budget is a priority (starts from $12/mo vs $40/mo)
  • • Global payroll processing in 160+ countries with own payment rails
Visit Papaya Global

Choose Wave Payroll if:

  • • Your company is SMB size
  • • You want to try before committing (free trial available)
  • • Seamless integration with Wave's free accounting and invoicing
Try Wave Payroll Free

How we evaluate tools

Our ratings combine verified user reviews from G2 and Capterra with hands-on feature analysis. Pricing is checked against official sources. We may earn a commission through affiliate links, but this never influences our rankings or recommendations. Read our full methodology.