Software Alternatives, Accelerators & Startups

Mercury VS Oberlo

Compare Mercury VS Oberlo and see what are their differences

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Mercury logo Mercury

Mercury is banking* for startups

Oberlo logo Oberlo

A dropshipping marketplace for entrepreneurs
  • Mercury Landing page
    Landing page //
    2023-06-17

Mercury offers banking* for startups โ€” at any size or stage. With an intuitive product experience, founders can access free checking and savings accounts, debit and credit cards, domestic and international wire transfers, Treasury, venture debt, and more โ€” and manage their business with confidence. Mercury also offers vibrant community programs that provide founders with the connections, advice, and resources to help them build the next great companies. Launched in 2019, Mercury is trusted by more than 100,000 startups. To learn more, visit Mercury.com.

*Mercury is a financial technology company, not a bank. All banking services provided by Choice Financial Group and Evolve Bank & Trustยฎ; Members FDIC.

  • Oberlo Landing page
    Landing page //
    2022-07-31

Mercury

$ Details
free
Platforms
Web iOS Android
Release Date
2019 April
Startup details
Country
United States

Oberlo

Website
oberlo.com
Pricing URL
-
$ Details
-
Platforms
-
Release Date
-
Startup details
Country
Lithuania
City
Vilnius
Employees
10 - 19

Mercury features and specs

  • Ease of Use
    Mercury offers a user-friendly interface that simplifies banking for startups and small businesses, making it easy to manage accounts, transfer funds, and monitor transactions.
  • No Monthly Fees
    Mercury does not charge monthly fees or require minimum balances, which is beneficial for new businesses trying to manage their finances effectively.
  • Automated Bookkeeping
    Mercury provides integrated bookkeeping tools, facilitating accounting processes by automatically syncing transactions with popular accounting software like QuickBooks and Xero.
  • FDIC Insured
    Mercury accounts are FDIC-insured up to $250,000 through its partner banks, providing peace of mind regarding the safety of your deposits.
  • Multiple User Accounts
    The platform allows multiple user accounts with customizable permissions, making it easier for teams to collaborate on financial management securely.

Possible disadvantages of Mercury

  • Limited Physical Presence
    Mercury operates entirely online, which can be a drawback for businesses that prefer or require in-person banking services.
  • No Cash Deposits
    Mercury does not support cash deposits, which can be inconvenient for businesses that deal with a significant amount of cash transactions.
  • Limited Lending Options
    Mercury offers fewer lending products compared to traditional banks, which might be a limitation for businesses seeking comprehensive financing solutions.
  • Customer Service
    While often responsive, customer service is primarily conducted through online channels, which some users may find less satisfactory compared to face-to-face interactions.
  • No International Wire Transfers
    Mercury does not support international wire transfers, which can be a significant limitation for businesses operating globally.

Oberlo features and specs

  • Ease of Use
    Oberlo provides an intuitive interface that makes it easy for users to find, import, and manage products from AliExpress into their Shopify stores.
  • Product Automation
    Oberlo automates various processes such as order fulfillment and tracking updates, reducing manual tasks and saving time for the store owner.
  • Wide Product Selection
    Through its integration with AliExpress, Oberlo gives users access to a vast array of products in various niches, allowing for extensive product variety.
  • Inventory and Price Updates
    Oberlo automatically syncs with suppliers to keep inventory levels and prices up to date, ensuring that the store reflects the most current information.
  • Educational Resources
    Oberlo provides a wealth of tutorials, guides, and articles to help users maximize their dropshipping success and navigate the platform effectively.

Possible disadvantages of Oberlo

  • Dependence on AliExpress
    Because Oberlo primarily relies on AliExpress for sourcing products, users are limited to the product quality, shipping times, and supplier reliability associated with AliExpress.
  • Cost
    While Oberlo offers a free plan, its more advanced features and higher product limits come with a monthly subscription fee, which may be a constraint for some new businesses.
  • Shipping Times
    Since most suppliers on AliExpress are based in China, shipping times to other parts of the world can be significantly long, impacting customer satisfaction.
  • Product Quality Variability
    Products listed on AliExpress can vary greatly in quality, and it's often challenging for store owners to verify the quality before shipping them to customers.
  • Customer Support
    Some users have reported that Oberlo's customer support can be slow to respond and may not always provide the most helpful solutions.

Analysis of Mercury

Overall verdict

  • Mercury is generally considered a good option for startups and tech companies that want a hassle-free banking solution with modern digital tools. It is particularly beneficial for those seeking an online-focused bank with no hidden fees.

Why this product is good

  • Mercury is an online bank that is designed specifically for startups and tech companies. They offer a range of features that cater to the needs of small businesses, such as seamless integration with accounting software, no monthly fees, and no minimum balance requirements. Additionally, Mercury provides a user-friendly digital interface, allowing entrepreneurs to manage their finances with ease. Their customer service is often praised for being responsive and helpful.

Recommended for

  • Startups
  • Tech companies
  • Small businesses looking for digital banking solutions
  • Entrepreneurs wanting a no-fee account

Analysis of Oberlo

Overall verdict

  • Oberlo was generally well-regarded among its users for simplifying the process of sourcing products and managing a dropshipping business. However, as of June 2022, Oberlo was officially shut down, and the platform is no longer available to new or existing users. Former users and new entrepreneurs are encouraged to explore alternative platforms and solutions like DSers, which offers similar functionalities.

Why this product is good

  • Oberlo was a popular dropshipping app that allowed e-commerce entrepreneurs to easily find and import products from suppliers into their Shopify stores. It was favored for its user-friendly interface, automated order fulfillment, and vast product selection. This made it a convenient tool for individuals looking to start and manage a dropshipping business efficiently.

Recommended for

  • E-commerce entrepreneurs starting a dropshipping business
  • Shopify store owners wanting to streamline product sourcing and order fulfillment
  • Individuals interested in low-risk online retail businesses without large inventory concerns

Mercury videos

Mercury Movie Review - Prabhu Deva, Karthik Subburaj - Tamil Talkies

More videos:

  • Review - Mercury review by Prashanth
  • Review - Mercury 150 Four Stroke Review Performance Reliability One Year Later - Florida Sport Fishing TV

Oberlo videos

Oberlo Review (2019): Super Dropshipping, the Way it Should Be

More videos:

  • Review - Dropified Vs Oberlo - Which Is Better? - Review
  • Review - Oberlo Shopify App Honest Review

Category Popularity

0-100% (relative to Mercury and Oberlo)
Online Payments
100 100%
0% 0
eCommerce
0 0%
100% 100
Money Transfer
100 100%
0% 0
Shipping and Tracking
0 0%
100% 100

User comments

Share your experience with using Mercury and Oberlo. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare Mercury and Oberlo

Mercury Reviews

  1. Veeresh G T
    ยท Founder at Vepapu ยท
    The best for Non-Residents

    The best in the market for helping US non-residents get a checking bank account for their US companies. Mercury's secure experience takes founders to another level in their global journey.

    ๐Ÿ Competitors: Vepapu
    ๐Ÿ‘ Pros:    Free pricing|Place for non-residents

Oberlo Reviews

Importify vs Oberlo โ€“ Which Dropshipping tool is the best?
Almost the same thing with Oberlo. You donโ€™t have to order products from scratch every time you receive a new order. Since Oberlo already stored the details of the products you import from Aliexpress, you can simply click on the order button and your orders will be fulfilled.
15 Best Oberlo Alternatives in 2022 (After the Shutdown)
Luckily, there are plenty of great Oberlo alternatives out there that you can use now that Oberlo is gone. In this article, we will cover 15 of the best Oberlo alternatives for dropshippers to use in 2022!
DSers vs. Oberlo: An Ultimate Comparison to Find the Best Dropshipping Solution
Presently, Oberlo offers two paid plans โ€“ Basic and Pro that would cost $29.90 and $79.90 per month. Most of the premium features discussed above are only available in the Pro plan of Oberlo. You can also explore Oberlo for free with its Starter plan. Though, after completing its 30-day free trial, you have to upgrade to a paid plan to continue using its services.
Source: www.dsers.com
ShopMaster Alternatives: 5 Best Dropshipping Tools
1) Not free of charge: Oberloโ€™s Starter plan offers all main Oberlo features completely free of charge and allows clients to set up a small online shop with 500 products. However, you can only have a limited amount of monthly orders. Only the paid plan gives access to an unlimited number of monthly orders and allow multiple online stores.
Source: www.dsers.com
Oberlo Alternatives
Oberlo lets you create an account for free. With a free Oberlo account, you can import up to 500 products to your Shopify store. If you need advanced offerings like higher product limits, bulk orders, tracking of shipments, multiple staff accounts, or affiliate programs โ€“ you need to upgrade to one of its paid plans.

Social recommendations and mentions

Based on our record, Mercury seems to be more popular. It has been mentiond 37 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Mercury mentions (37)

  • How to Form a US LLC as a Non-Resident (2026 Complete Guide)
    Banking and payment processor access. Stripe, PayPal, and most US processors require a US entity. An LLC with an EIN gets you into Mercury, Relay, Wise Business, and other neobanks that accept non-resident founders. See Mercury vs Wise vs Relay for a full comparison. For many founders, banking access is the real reason they form the LLC. - Source: dev.to / 3 months ago
  • Sonos CEO Patrick Spence steps down after app update debacle
    Interestingly, Mercury [0] is VC-backed, and their backend is entirely Haskell. In an interview [1], their CTO mentions that itโ€™s actually quite easy to hire for Haskell, as the demand is much lower than the supply, and, as he slyly puts it, โ€œinterest in Haskell acts as a decent proxy for baseline developer quality.โ€ So while the pool is larger for JS/TS and Python, that may not always be beneficial. [0]:... - Source: Hacker News / over 1 year ago
  • Haskell vs. Ada vs. C++ vs. an Experiment in Software Prototyping Productivity [pdf]
    I work on one of the largest Haskell codebases in the world that I know of (https://mercury.com/). We're in the ballpark of 1.5 million lines of proprietary code built and deployed as effectively a single executable, and of course if you included open source libraries and stuff that we have built or depend on, it would be larger. I can't really speak to your problem domain, but I feel like we do a lot with what we... - Source: Hacker News / over 1 year ago
  • Privacy/secruity experience with RBFCU? (Randolph Brooks Credit Union)
    Not just a fintech front for a privacy dis-respecting bank (like Mercury business banking for example). Source: over 2 years ago
  • The Meaning of Monad in MonadTrans
    Mercury (https://mercury.com/) uses Haskell extensively for pretty much all of its backend systems. Itโ€™s a great general purpose language. - Source: Hacker News / almost 3 years ago
View more

Oberlo mentions (0)

We have not tracked any mentions of Oberlo yet. Tracking of Oberlo recommendations started around Mar 2021.

What are some alternatives?

When comparing Mercury and Oberlo, you can also consider the following products

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Easyship - Easyship, the #1 global cloud-based shipping software, is a technology platform that helps eCommerce and crowdfunding merchants ship worldwide.

Stripe - Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripeโ€™s payment platform to accept and process payments online for easy-to-use commerce solutions.

ShipStation - Seamless eCommerce shipping fulfillment software. Wherever you sell, however you ship, ShipStation can help. Auto order import, batch label print, & more!