Mercury
mercury.comSummary
Mercury provides online business banking services tailored for startups and small businesses. It offers checking and savings accounts, corporate debit and credit cards, international wire transfers, and financial management tools like bill pay and invoicing. The platform aims to simplify financial operations for growing companies.
Features11/15
See allMust Have
4 of 5
Transparent Low Fees
Multi-Currency Account
Borderless Debit Card
Fast Transfer Execution
Mid-Market Exchange Rate Transfers
Other
7 of 10
API Integration
Business Account Features
Invoice Creation
Mobile App
Regulatory Compliance
Multi-User Access
Customer Support
Batch Payments
Real-Time Rate Alerts
Spending Analytics
PricingTiered
See allMercury
- FDIC-insured bank accounts
- Online ACH, wires, & checks
- Corporate debit & credit cards
- Up to 4.35% yield ($450K minimum balance)
- Unlimited bill payments
- Unlimited invoice generation
- Reimburse up to 5 users/month
- Xero
- QuickBooks
- Limited reimbursements
- Basic invoicing
Mercury Plus
- Everything Mercury offers
- More reimbursements
- Invoicing power
- Recurring invoicing
- Branded invoices
- ACH debit
- + $1/ACH debit transaction
- Reimburse up to 20 users/month + $5/additional active user
Mercury Pro
- Everything Mercury Plus offers
- Advanced workflows
- Dedicated support
- NetSuite
- Relationship manager
- Reimburse up to 250 users/month + $5/additional active user
- + $0/ACH debit transaction
Rationale
Mercury offers business banking services specifically for startups and small businesses. While it doesn't explicitly state 'mid-market exchange rate transfers,' it does mention '1% currency exchange fee for non-USD international wires' and 'free domestic and USD international wires,' indicating transparent and potentially low fees for international transfers. It provides multi-currency accounts (though primarily USD-focused with non-USD conversion fees), debit cards, and fast payment processing. Many 'other' features like API integration, business account features, invoicing, mobile app, regulatory compliance, multi-user access, and customer support are clearly present.
