Elevate Pay
USD accounts for remote professionals and freelancers
Mercury
Banking for startups
Updated February 2026
| Elevate Pay | Mercury | |
|---|---|---|
| Rating | 5.0★ | 4.5★ |
| Reviews | 11 | 52 |
| Pros | 8 | 13 |
| FactScore™ | 54 | 77.6 |
FactScore™ Comparison
FactScore™ weighs both quality (rating) and popularity (reviews) for a fairer ranking than stars alone.
Pros & Cons
Only in Elevate Pay — Pros
Virtual card Easy to use Fast transactions Low fees Smooth online transactions USD accounts Apple Pay integration Competitive exchange ratesBoth tools — Pros
—Only in Mercury — Pros
Intuitive interface Startup-friendly features Easy account setup Responsive customer service Integrations with business tools No fees Seamless account management Virtual cards Support for startup community Treasury product Venture debt options Automated expense tracking Free international transfersOnly in Elevate Pay — Cons
Physical card Customer support Delayed transactions Onboarding process Bugs on iOS Limited country availability Payment linksBoth tools — Cons
—Only in Mercury — Cons
Unreliable service Slow support Account closure without warning Compliance issues Low card limits Slow fund availability High-yield interest accountsDetails
| Elevate Pay | Mercury | |
|---|---|---|
| Categories | Remote workforce tools, Online banking, Neobanks | Online banking, Startup financial planning |
| Platforms | Web · iOS · Android | Web |
| Became Popular | June 9, 2024 | April 18, 2019 |
| Website | www.elevatepay.co | www.mercury.com |
Who Should Pick Which?
Choose Elevate Pay if...
- Virtual card
- Easy to use
- Fast transactions
Choose Mercury if...
- Intuitive interface
- Startup-friendly features
- Easy account setup
With a FactScore™ of 54 vs 77.6, Mercury leads in community reception. Elevate Pay uniquely offers Virtual card and Easy to use, while Mercury stands out for Intuitive interface and Startup-friendly features.
What Users Say
Elevate Pay
I've been using ElevatePay for almost 7 months now, and honestly, it has been such a relief. As a freelancer from Pakistan, getting payments used to be such a big hassle. It made me feel so stresse...
Great product and excellent service. I've experienced smooth online transactions from the start, and the simple UI makes it easy to track transaction status. However, the signup process was a bit t...
Excellent experience so far. Virtual Card works with Apple Pay. I receive payments from across the Globe without any trouble. Received payments from Apple Inc. within 24 hours. I hope Elevate Pay w...
Mercury
From our first check to paying contractors, Mercury has had our back from the beginning. Rock solid banking services, and recently even started to offer sending out SAFE's. Not to mention the high-...
I remember opening a bank account with Wells Fargo for a business before Mercury existed. It involved phone calls, scanning signatures, and keeping track of paper. Mercury's onboarding was easy, al...
Related Comparisons
Frequently Asked Questions
Which is better, Elevate Pay or Mercury?
Based on FactScore™, Mercury leads with a score of 77.6 vs 54. Mercury has a higher rating of 4.5★ compared to 5.0★.
What are the pros of Elevate Pay compared to Mercury?
Elevate Pay uniquely offers: Virtual card, Easy to use, Fast transactions, Low fees, Smooth online transactions.
What are the pros of Mercury compared to Elevate Pay?
Mercury uniquely offers: Intuitive interface, Startup-friendly features, Easy account setup, Responsive customer service, Integrations with business tools.
Is Elevate Pay better rated than Mercury?
Elevate Pay is rated 5.0★ from 11 reviews. Mercury is rated 4.5★ from 52 reviews.
What is the FactScore™ of Elevate Pay and Mercury?
FactScore™ weighs rating and review volume together. Elevate Pay scores 54 and Mercury scores 77.6.
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