Mercury vs. Ramp

Last verified 32 days ago · 19 sources · Updated automatically

Mercury and Ramp compared across Company facts, Pricing, Card & limits, Rewards & cash back, Spend management, Security & compliance and Platform & integrations — every fact sourced and re-verified from each vendor's public material.

Mercury

Business banking with the balance-funded IO card — the simplest card add-on if you already bank with Mercury.

Founded2017

HQ San Francisco, CA

Visit Mercury Full profile

Ramp

Finance automation platform — a flat-cash-back charge card with strong controls, AI receipt matching, and bill pay, built to cut spend.

Founded2019

HQ New York, NY

Visit Ramp Full profile

Attribute

Mercury

Ramp

Company facts

Headquarters

San Francisco, CA

New York, NY Headquartered in New York City

Employees

1k Mercury states 1,000+ employees

2.7k Approx. headcount, late 2025 (Revelio Labs workforce data)

Pricing

Starting Monthly Price (USD)

$0 Free Mercury plan; IO card has no annual fee and no per-user software charge

$0 Free plan ($0); card is free, Ramp earns on interchange

Paid Tier Price (USD/user/mo)

$29.9 Mercury Plus, $29.90/mo (or $23.95/mo billed annually)

$15 Plus plan; 20% off with annual billing

Card & limits

Card Type

charge card Cash-underwritten charge card; balance paid off each pay period

charge card Corporate charge card, paid in full each cycle (~30-day terms)

Card Network

Mastercard

Visa Runs on the Visa network

No Personal Guarantee

No personal guarantee and no personal credit check

No personal credit check or personal guarantee

Limit Basis

account balance Cash-underwritten: IO balance cannot exceed cash held with Mercury (linked external balances may add headroom)

cash balance & revenue Limit based on revenue or dollars raised

Virtual Cards

Issue physical or virtual cards to the team; start spending immediately with virtual cards

Unlimited physical and virtual cards at no extra cost

No Foreign Transaction Fees

3% currency conversion fee on non-USD IO transactions

International transactions carry a Visa conversion markup up to 3%

Rewards & cash back

Rewards Model

flat cash back Unlimited 1.5% cashback on all spend, auto-deposited

flat cash back Flat-rate cash back on all purchases (no category tiers/points)

Flat Cash-Back Rate

1.5%

—

Spend management

Receipt Capture & Matching

Upload/email receipts and Mercury auto-matches them to the right transaction

AI receipt capture (SMS/email) auto-matched and coded to transactions

Approval Workflows & Policies

Company-wide spend policies plus multi-layered approval rules for bill pay

Configurable spend policies + approval routing; advanced routing on Plus+

Employee Reimbursements

Out-of-pocket reimbursements; 5 active users/mo free, more on paid tiers

Out-of-pocket reimbursements included; enhanced bulk processing on Plus+

Bill Pay / AP

Free unlimited bill pay via ACH, domestic/international wire, or check

Bill pay / AP included (ACH, card, check, wire) on all tiers

Security & compliance

SOC 2

SOC 2 Type II

SOC 2 Type II (annual audits); also PCI DSS

SSO (SAML)

—

SSO for Okta, Google, Microsoft Azure; included on Free per pricing

SCIM Provisioning

—

SCIM provisioning listed on pricing tiers

Platform & integrations

Accounting / ERP Sync

Native sync to QuickBooks, Xero, and NetSuite

Native two-way sync to 40+ ERPs (NetSuite, Sage Intacct, QuickBooks, Xero)

Public API

Public REST API — balances, transactions, ACH transfers; plus Accounts Receivable/invoicing API

Public developer REST API; docs at docs.ramp.com

The verdict

Mercury

Best for pairing the card with built-in banking

Mercury offers a public REST API covering balances, transactions, and ACH transfers plus AR/invoicing, with free unlimited bill pay, so the charge card sits inside a banking stack. Rewards are an explicit 1.5% flat cashback. Its IO limit is tied to cash held, simpler than Ramp's but lower-headroom for revenue-backed firms.

Full profile

Ramp

Best for cheaper seats, IT controls, and ERP breadth

Ramp's paid tier is $15/user/mo versus Mercury's $29.90, and it adds SSO (SAML) and SCIM provisioning that Mercury's facts don't list, fitting IT-managed teams. Accounting sync spans 40+ ERPs (NetSuite, Sage Intacct, QuickBooks, Xero) against Mercury's three, and limits factor in revenue, not just cash balance.

Full profile

Sources · 19 verified references

en.wikipedia.org ramp.com mercury.com reveliolabs.com support.mercury.com support.ramp.com + 1 more

Affiliate disclosure. DecisionWire may earn a commission when you sign up through links on this page. Commissions never influence our data, scores, or rankings.