Mercury is a simple online banking option for early stage startups. It's been seamless to transact, examine expenses, and pay bills. Highly recommend!
Would be nice to have a credit card option in the future.
Helping simplify cost and admin for early stage company banking.
They are very upfront and transparent, no hidden fees. Their UI and UX are clear and very easy to navigate, and overall it's very easy to do your daily operations, both on the website and also on the mobile app.
I don't see any downsides to be honest, it was a very smooth experience working with them.
As a foreigner (US Business owner, but not resident in the US) I feel very happy to know that I can count on Mercury and their awesome banking services to support my US company. Being a digital bank makes things much easier!
No limitations on services, min amounts, and ease of use. I love that even international wires are free. important to know that it's easy to start and begin working with this bank in a matter of days or sometimes hours. there are no branches as it ancient times vising bank branches. Everything must be online this is why I choose mercury
I dislike that mercury still doesn't have the acquiring and service to charge customers with a credit debit card. It creates unnecessary steps of creating invoices and waiting for customers to pay.
Ease of use of online banking is a huge advantage. ability to start fast and no limitations and annoying fees are so important for the start of the business. Online support.
Sending money, getting money, or reviewing transactions is easy. Most of my operations revolve around those three
The fees when exchanging currencies. I feel they are too high.
We opened our account through stripe's atlas. We are now physically present in the USA, but as a foreign founders startup, it was really helpful
I love to use Mercury as a latam founder. Easy to use, they understand our legal structures and sending money to Mexico is charge free. IMercury is the best partner.
Probably how fast we receive our physical cards. I understand they are internationally delivered, but would love to have them delivered quicker. That's the only thing I dislike
Bank account and receiving founding and expense management. I'm an international founder and having a traditional US bank account its difficult so Mercury helps on that
- great interface - low fees / no fees - simple to use debit and credit cards - IO credit cards with cashback - nice app - it's easy to send and receive money 5 out of 5
One time the credit card network was down for 30 minutes, and another time there was a problem with ACH. Doesn't look like a big deal, but both times it took me several hours to resolve the issues it caused.
We use Mercury as our primary bank account, debit and credit cards.
I love the UI and the simplistic design, the UX experience has been awesome so far, we utilized the payment link to receive money from investors and we feel that it made us look good, so thank you!
we recently had to look for the IBAN and account number for international wire and the search bar didn't show it when we typed it, we think this could be an easy fix, it took us a bit of clicking around to discover how to find the routing # etc
making the transfers easy between different parties
Fast, affordable, and intuitive. Virtual cards.
No immediate transfer between business accounts.
Virtual cards, wire transfers with no fees and multiple checking accounts for the business if needed.