Mercury Vs. Relay
Compare Relay and Mercury for business banking needs. Relay offers a user-friendly interface, customizable workflows, and advanced automation capabilities. Mercury provides a comprehensive suite of banking services tailored for startups and tech companies. Explore their features to make an informed decision.
Advertiser Disclosure
Top10BusinessBanks is a free online resource meant to help users find the information they need in order to make a confident decision. We spend countless hours of research to find the most relevant content and present it in the most accessible way. However, please don’t view the information presented here as a recommendation from our end.
Please note:
- All the information displayed in this site is completely subjective. Moreover, we have broad editorial discretion as to the content we publish on the site and due to various reasons, the information you see may be incomplete and/or inaccurate. Please don’t hesitate to double-check the information we provide. It’s okay, we won’t be offended – on the contrary, we would love to hear your feedback!
- We’re able to offer this completely free-of-charge online resource thanks to the referral fees we receive from our partners (some of the companies listed on this site). While this may affect the location of these companies and the content we feature on the site, it’s not possible to purchase a favorable review or a position on this site.
General Details
Monthly Fee
$0
$0
Accounts payable automation
Best-in-class accounting integrations for $30 per month
Primary Audience
Startups
SMBs with 1-100 employees
Banking Partner
Evolve Bank & Trust® and Choice Financial Group; Members FDIC
Evolve Bank & Trust and Thread Bank; Members FDIC
Editorial Score
Card
Fees & Charges
Monthly Fee
$0
$0
Minimum Balance
$0
$0
Overdraft Fees
$0
$0
Savings
Features
Number of Accounts Available
Up to 15 checking accounts
Up to 20 checking accounts
Transactions
Unlimited fee-free transactions
Unlimited fee-free transactions
Debit Card
1 card per account
Up to 50 individual cards with customizable spend limit
Credit Cards
Outgoing wire Transfers
Free domestic transfers
Free international transfers
Domestic wire transfers: $5 ($0 with Relay Pro)
International wire transfers: $10 ($0 with Relay Pro)
Check Deposit
Cash Deposit
Bill Pay
3rd-party Integrations
Xero, Quickbooks, and Zapier
Quickbooks, Xero, Gusto, Plaid, and Yodlee
Bottom Line
Why?
Mercury shines as a competitive option for startups. Its comprehensive suite of banking services is specifically tailored to meet the unique needs of these businesses. Mercury’s specialized features and offerings provide startups with the necessary tools to manage their finances effectively, making it a strong contender in this comparison.
Relay stands out as the clear winner for small businesses. With its user-friendly interface, customizable workflows, and advanced automation capabilities, it streamlines financial operations and saves valuable time. With Relay’s emphasis on innovation and user experience, it proves to be the ultimate banking solution for small businesses looking to stay ahead in the digital age.
Editorial Score
Winner!
Mercury Vs. Relay
Compare Relay and Mercury for business banking needs. Relay offers a user-friendly interface, customizable workflows, and advanced automation capabilities. Mercury provides a comprehensive suite of banking services tailored for startups and tech companies. Explore their features to make an informed decision.
Advertiser Disclosure
Top10BusinessBanks is a free online resource meant to help users find the information they need in order to make a confident decision. We spend countless hours of research to find the most relevant content and present it in the most accessible way. However, please don’t view the information presented here as a recommendation from our end.
Please note:
- All the information displayed in this site is completely subjective. Moreover, we have broad editorial discretion as to the content we publish on the site and due to various reasons, the information you see may be incomplete and/or inaccurate. Please don’t hesitate to double-check the information we provide. It’s okay, we won’t be offended – on the contrary, we would love to hear your feedback!
- We’re able to offer this completely free-of-charge online resource thanks to the referral fees we receive from our partners (some of the companies listed on this site). While this may affect the location of these companies and the content we feature on the site, it’s not possible to purchase a favorable review or a position on this site.
General Details
Monthly Fee
$0
$0
Accounts payable automation
Best-in-class accounting integrations for $30 per month
Primary Audience
Startups
SMBs with 1-100 employees
Banking Partner
Evolve Bank & Trust® and Choice Financial Group; Members FDIC
Evolve Bank & Trust and Thread Bank; Members FDIC
Editorial Score
Card
Fees & Charges
Monthly Fee
$0
$0
Minimum Balance
$0
$0
Overdraft Fees
$0
$0
Savings
Features
Number of Accounts Available
Up to 15 checking accounts
Up to 20 checking accounts
Transactions
Unlimited fee-free transactions
Unlimited fee-free transactions
Debit Card
1 card per account
Up to 50 individual cards with customizable spend limit
Credit Cards
Outgoing wire Transfers
Free domestic transfers
Free international transfers
Domestic wire transfers: $5 ($0 with Relay Pro)
International wire transfers: $10 ($0 with Relay Pro)
Check Deposit
Cash Deposit
Bill Pay
3rd-party Integrations
Xero, Quickbooks, and Zapier
Quickbooks, Xero, Gusto, Plaid, and Yodlee
Bottom Line
Relay emerges as the preferred choice in this comparison, offering a user-friendly interface, customizable workflows, and advanced automation capabilities that make it a strong option for small businesses. On the other hand, Mercury caters to startups with its comprehensive suite of banking services tailored to meet their unique needs. Both platforms present valuable choices for businesses looking to enhance their financial management.