Mercury is an online banking platform that includes both a business checking account and a business savings account with no monthly fees. Designed with startups in mind.
Features
No monthly fees, transaction fees, or minimum opening deposit.
Free domestic and international wire transfers.
Access to over 55,000 fee-free ATMs to withdraw cash through the Allpoint network.
Advanced digital tools including API access to automate and customize your banking.
Payoneer offers your business a multi-currency account to pay and get paid globally, as easily as you can locally. This all-in-one account gives you everything you need to get paid by your international clients and global marketplaces, pay your suppliers, and invest in growing your business.
Features
Global access.
Low fees.
Withdraw your earnings locally.
Pay your global suppliers. contractors and business expenses.
Licensed and regulated by multiple government regulators.
Get paid in multiple currencies.
Cons
High card transaction fees.
It adds a currency conversion charge of 2% for international transactions.
It also charges an annual fee for the usage of Mastercard.