Product Updates

January 2024 — Slack approvals, ACH authorization, temporary card limits & more


January 8, 2024

Mercury is engineered to make sure you don’t lose sleep thinking about banking. Keep reading to discover the latest ways we've improved your banking experience.

šŸ”” Handle payment approvals directly through Slack

UI showing that you can approve or deny payments from the Slack app

Seamlessly integrate your payment approval flow into Slack. The moment a team member submits a payment for approval, our bot will deliver the details to your digital workspace, allowing you to review and approve right where you are. While you’re at it, you can also check your balance. HeadĀ hereĀ to start integrating.

🄷 Fight fraud with ACH authorizations for vendor pulls

Looping gif showing ACH authorization

Shielding your company from fraud shouldn’t feel like a Herculean task. With ACH authorizations, it won’t. Easily green-light vendors and set payment limits for each one. We’ll send real-time alerts of any unusual ACH pulls for your approval. To get started, head to yourĀ Authorizations pageĀ and follow theseĀ instructions.

šŸ’³ Set temporary card limits for any scenario

UI showing that you can set temporary limits on cards

Preparing for a team offsite or some upcoming employee travel? Grant team members aĀ temporary daily, weekly, or monthly card limitĀ increase, complete with a specified start and end date. Just open up anyĀ card’s details, click ā€œMore,ā€ and then ā€œEdit limit.ā€

šŸ“ˆ Start building your startup’s business credit profile

Credit reporting illustration

Building business creditĀ can open all kinds of doors for your startup, from better financing options to more favorable supplier terms. And now, Mercury will directly report your positive credit card payment history (i.e., only full and on-time payments) to Dun & Bradstreet, one of the three major business credit bureaus — which can help improve your company's business credit score. To reap the benefits, just spend with theĀ IO credit card.

Bite-sized improvements:

  • Linking an external account is now possible on theĀ Mercury iOS app. Try it the next time you make a transfer on mobile.
  • Don’t like how your AR account is listed above your AP account in yourĀ AccountsĀ tab? Reorder them to your priorities.

Don't have a Mercury account yet? Give ourĀ customizable demoĀ a spin — it’s outfitted with all our latest bells and whistles to give you the full product experience.

Disclaimers and footnotes

    Mercury is a fintech company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column N.A., andĀ Evolve Bank & Trust, Members FDIC. Deposit insurance covers the failure of an insured bank.