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AI-powered business banking that automates bookkeeping, manages invoices, and controls expenses and cards to centralize all business finances in one platform.
What is Mercury?
Mercury is a financial services platform designed specifically for startups and modern companies looking to optimize their financial management through advanced software. Unlike traditional banking, this tool leverages artificial intelligence to automate critical accounting and treasury processes, allowing founders and finance teams to focus on business growth. Its core functionality combines business accounts with an ecosystem of digital tools that centralize capital control within a single interface.
Mercury’s operation stands out for its agility, allowing users to perform complex operations in minutes from a computer or mobile app. The platform uses AI algorithms for automated invoice reading, extracting key data and remembering previous recipients to speed up payments. Additionally, its automatic reconciliation system links user-uploaded receipts with corresponding card transactions, eliminating the need for repetitive manual tasks.
Among its most relevant capabilities are:
- AI Invoice Management: The software processes documents, auto-fills payment details, and intelligently schedules transfers.
- Mercury Books: An integrated accounting system that uses smart transaction categorization to keep books updated in real time.
- Virtual and Physical Cards: Instant card creation with custom spending limits and granular permission controls for every team member.
- Workflow Automation: Setup of automatic transfers and approval rules that reduce administrative burden.
- Full Cash Flow Visibility: Detailed dashboards that offer a clear view of available funds and incoming and outgoing cash movements.
This tool is ideal for entrepreneurs, SaaS companies, e-commerce businesses, and venture capital funds that require a scalable financial infrastructure. By integrating international payments in USD and expense management tools, the platform acts as a financial command center. Security is another fundamental pillar, employing fraud protection technologies, passkeys, and dark web monitoring to ensure account integrity.
Thanks to its focus on financial automation, users can manage invoices, issue payments via ACH or wire transfers, and monitor treasury performance without leaving the tool's ecosystem. Integration with other management software and its capacity to handle high transaction volumes make it a robust solution for companies seeking an efficient and programmable banking infrastructure.
Mercury features and use cases
How to use Mercury
Mercury FAQ
How long does it take to open a Mercury account?
The application process is entirely online and usually takes about ten minutes to complete, with no physical paperwork or in-person visits required.
How much does Mercury's standard business plan cost?
The basic plan, which includes essential banking services and financial management tools, has a $0 monthly fee.
Is Mercury a traditional bank with its own banking license?
No, it is a financial technology company; banking services are provided by Choice Financial Group and Column N.A., which are members of the FDIC.
What protection does Mercury offer for my business deposits?
Through its partner bank network, the platform provides up to $5 million in FDIC insurance to protect eligible deposits.
Can I issue virtual cards for my team immediately?
Yes, the platform lets you instantly create as many virtual cards as you need to manage specific vendor expenses, subscriptions, or advertising campaigns.
What kind of yield does Mercury Treasury offer on company savings?
This service offers an annual yield of up to 3.91%, depending on the total balance deposited in the account.
How does the AI-powered bill pay system work?
The tool automatically reads incoming invoices, fills in payment details, and remembers previous recipients so you can approve payments in just a few seconds.
What is Mercury Books, and how does it help with business accounting?
It is integrated accounting software that uses AI to categorize transactions and automatically attach receipts to every card charge.
Is there a fee for sending international transfers in USD?
No, sending US dollar payments via wire, ACH, or check incurs $0 in platform fees.
What team management features does the tool include?
The platform allows you to set spending limits on cards, configure payment approval workflows, and assign granular permissions to each user based on their role.
Mercury pricing and plans
Mercury (Free)
$0/month
The basic plan for business banking and essential financial management.
Business checking and savings accounts with no minimum balances.
Fee-free USD payments via domestic wire, ACH, check, and real-time payments.
Virtual and physical business debit and credit cards.
AI-powered transaction categorization and receipt management.
Invoicing and Bill Pay tools.
Access to Mercury Treasury (requires a $250,000 minimum balance).
1.5% cashback on credit card spend.
Mercury Plus
$35/month ($29.90/month billed annually)
Designed for companies seeking greater efficiency in their invoicing and tax management.
Includes all features from the Free plan.
Invoicing with ACH debit collection ($1 per transaction).
Recurring invoice creation.
Unlimited 1099 tax filings.
$50 off LegalZoom compliance plans.
6 months of free Xero and a $100 Amazon gift card.
Mercury Pro
$350/month ($299/month billed annually)
Geared toward companies with complex operations requiring personalized support.
Includes all features from the Plus plan.
Dedicated Relationship Manager.
Invoicing with ACH debit collection at no cost ($0 per transaction).
Advanced NetSuite categorizations.
Unlimited 1099 tax filings and additional LegalZoom and Xero benefits.
Mercury Books
$35/month (Free until December 31, 2026)
AI-powered accounting software integrated directly into the platform.
Accounting task automation via artificial intelligence.
Direct sync with Mercury accounts and transactions.
Mercury Personal
Free with any business plan (standard price of $240/year)
Personal bank account for founders and entrepreneurs.
3.50% APY on savings accounts.
Unlimited free USD transfers and joint accounts.
Mercury Screenshots
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