Best Bank for Ecommerce Business: Top Accounts & Banking Solutions 2025

Best banking platform for ecommerce business

Ecommerce businesses face a unique set of challenges: global sales networks, payments spread across platforms, complex inventory systems, refunds, subscriptions, and, if things go well, the pressure of scaling fast. Choosing the best business bank account is critical, equipping you with the tools to manage your finances without slowing you down with fees or outdated software and processes.

Fortunately, today's digital banking and fintech market includes a range of banking solutions tailored for digital and online businesses. In this guide, we’ll help you navigate through the noise of options, offer suggestions on what banking features to consider, and highlight those banks that are standing out as the best business bank accounts for e-commerce businesses right now.

At the top of our list, we’ll highlight how Slash is a fintech platform explicitly designed for the way ecommerce businesses run today.¹ Unlike traditional banking, Slash is a financial technology platform upgrading your business banking through streamlined onboarding, integration with popular software like QuickBooks and Plaid, multi-entity management, as well as access to Global USD and crypto rails.²

What to consider when selecting a bank for ecommerce

If you’ve decided to open a business checking account, you’re already past step one. But finding the best bank account or banking platform for your specific needs can be a challenging and time-consuming second step. To better navigate your search, consider the following:

• Account fees and transaction costs. If you process a high volume of digital or cross-border payments, banking options with high transaction fees can slow you down and incur unnecessary costs. Save money by considering banking options with low monthly maintenance fees, transaction fees, atm fees, and any additional fees.
• Integration with e-commerce platforms and accounting tools. Your ecommerce businesses may frequently use tools like Shopify, Amazon, PayPal, Stripe, Plaid, or accounting tools like QuickBooks and Xero. Consider bank accounts like Slash that integrate with these third-party tools and let you easily sync your finances across platforms.
• Multi-currency or global payment capabilities. Ecommerce businesses often operate internationally. The best business bank accounts can support cross-border transactions through cash deposits, ACH transfers, wire transfers, real-time payments, and stablecoin and crypto rails.
• Access to working capital or credit options. Covering inventory or ad spend requires flexible cash management. To cover costs, you may consider a bank that can offer business loan, credit, and working capital options.
• Rewards or cashback programs for business expenses. Ecommerce businesses anticipating high spending can earn rewards for their spend with bank platforms offering corporate cards with cash back and other perks.
• Ease of managing multiple accounts or entities. Scalable ecommerce businesses may need to juggle multiple brands. A strong banking platform should let you manage all your accounts with minimal confusion.
• Intuitive design. All-in-one dashboards offered by platforms like Slash can be great options when juggling multiple entities, integrated tools, and all your financial complexity. Finding intuitively designed tools can save you time and energy in the long run.

Top banking platforms for ecommerce businesses

Slash

Slash is a purpose-built digital banking platform for online retailers and ecommerce brands. Slash’s fintech platform is highlighted by its modern offerings, including Global USD accounts with stablecoin and crypto rail payments, unlimited virtual cards with up to 2% cashback, APIs and accounting software integrations with QuickBooks and Xero, Plaid integration with direct payouts from Shopify, Amazon, and Stripe, multi-entity support, and an intuitive all-in-one dashboard design.

Slash is an ideal choice for e-commerce businesses managing high-spend, complex inventory and accounting needs, and international or cross-border operations. Slash promises streamlined onboarding with personalized customer support; learn more at slash.com/register.

Mercury

Mercury is a digital banking platform used by startups and ecommerce businesses. Mercury offers business savings and checking accounts that support ACH and wire payments, as well as corporate card spend.

Novo

Novo is a financial technology service offering banking solutions for small businesses. Novo offers support for accounting and budget management but may lack credit and working capital access for ecommerce teams.

Relay

Relay is an online business banking platform with business checking accounts and savings accounts with APY. Relay’s key features include built-in accounting and bookkeeping tools that assist teams with complex accounting needs.

Bluevine

Bluevine is a business banking platform built for small businesses and startups. Bluevine offers business savings and checking accounts with a focus on accounting tools and business loan support. May be a good option for ecommerce businesses seeking credit access.

Axos

Axos is a bank that offers wide ranging services for personal bankings, small business banking and commercial banking. Their numerous features include a debit card and financial management software, but may lack the fintech integrations many ecommerce businesses need.

Wise

Wise is a UK-based digital banking platform focused on global and cross-border payments. Wise offers personal and business banking solutions with key offerings including a multi-currency card with mid-market rate on fees.

Revolut

Revolut is a banking app with multi-currency support, cards, and a focus on limiting exchange rates and international transaction barriers. Helpful for global ecommerce brands.

Chase Business

Chase Business is a more traditional approach to banking with checking accounts, savings accounts, and business accounts; loans and financing services, a selection of business cards, and mobile banking with check deposits. Chase is a familiar banking option, but may offer fewer financial technology tools helpful for digital and online businesses.

Bank of America

Bank of America is a traditional bank with a number of generalized business banking services. Ecommerce and online businesses may appreciate their variety of card options and mobile banking check deposits, but miss out on financial tech tools and integrated software.

When to open a business bank account for ecommerce

Stop waiting to open your business account. The right time is:

• When registering your business. Just starting your online business? Starting with a business checking account keeps personal and business finances separate along with a number of other benefits for beginning to scale your business.
• Before accepting your first payment. Have a dedicated bank account ready when your first payment comes through Shopify, Stripe, or PayPal payouts.
• Prepping for tax season. Transactions running through a single bank account can help ensure you have clean books and accurate reporting when it's time to audit your finances. Fintech and digital banking options with accounting integrations can also save you time come tax season.
• When scaling. The bigger you grow, the more complex your finances. Online banking solutions can support your growth with financial management, integrations, and automated tools that can scale with your business.

Essential requirements for opening an ecommerce business bank account

You’ll need to apply for an account before you’re able to access all of its benefits. Before applying, gather these essentials for review:

• Legal business formation documents (LLC, Corporation, etc.)
• Employer Identification Number (EIN) or Tax ID
• Personal identification for business owners
• Business address and contact information
• Proof of business activity or revenue (sometimes requested)

How to open a business checking account with Slash: a step by step guide

Slash is an online banking platform built to support modern businesses' financial needs. Here's a step-by-step look at how you can open a ecommerce business account with Slash today:

Step 1: Choose Slash as your business banking platform

Slash isn't a legacy bank. Instead, Slash offers vertical solutions tailored to your industry-specific ecommerce business needs. Key features include RTP, ACH, and wire transfer support, API and accounting software integrations, and corporate cards with competitive 2% cashback for eligible user spending. Users can access these tools and more through one dashboard with access to a business cash account, credit account, and savings accounts, with additional multi-entity support.

Step 2: Gather your documentation

Impressed by Slash and interested in opening an account? Slash offers a streamlined application and approval process. Some things you'll need:

1. Personal Identification

• Social Security Number (SSN) or other valid form of government-issued ID (e.g., passport or driver's license)

2. Business Identity & Structure

• Business Name (your legal company name as registered)
• Business Address (physical or mailing address)
• Type of Business (such as sole proprietorship, LLC, or corporation)

3. Legal Formation & Ownership Documentation

Depending on your business structure, you may need one or more of the following:

• Articles of Incorporation (for corporations)
• Corporate Bylaws (governance framework for corporations)
• LLC Operating Agreement (management structure for LLCs)
• Partnership Agreement (for partnerships, outlining roles and ownership)
• Registration Certificate (or proof your business is officially registered with the state)

4. Tax Identification

• Employer Identification Number (EIN) (required for most business accounts)
  • In some cases (e.g., sole proprietorship with no employees), your SSN may suffice.

5. Licensing & Permits

• Business License (any local/state permit you hold to legally operate)

Step 3: Submit your online application

Slash is an online banking platform with an online application process. Simply navigate to app.slash.com/register and follow the steps on your screen!

Frequently asked questions

Can I use a U.S. account if my ecommerce business is international?

Yes. With Slash’s Global USD feature, international businesses can open and use a real U.S. account with the right international documentation, without needing a U.S. LLC or EIN. That means you can receive and send payments just like a domestic business without relying on costly intermediaries or conversion fees.

Which platforms integrate best with Shopify, Amazon, or Stripe?

Slash integrates with Plaid, providing users with access to third-party sites such as Shopify, Amazon, Stripe, and other online payment tools and bank accounts.

Which bank account is best for a small business?

There are a number of banking services available for small businesses. Slash offers a variety of tools helpful for small businesses: corporate cards, all-in-one financial management, and automated tools to built to assist small teams and rapid growth.

¹ Slash Financial, Inc. is a financial technology company and is not a bank. Banking services provided by Column N.A., Member FDIC.

² Cryptocurrency conversion, transfer, and custody services are provided by Bridge, not by Column, N.A. or Slash. Cryptocurrency is not custodied by any bank, is not FDIC-insured, may fluctuate in value, and is subject to loss. Terms and conditions apply; see https://www.slash.com/legal/global-usd-terms.

³ The Slash Platinum Card is a Visa® charge card issued by Column N.A., pursuant to a license from Visa U.S.A. Approval is subject to eligibility. Payment of account balance is due in full daily. Monthly membership fees may apply. Card purchases may be eligible for cashback, see slash.com/legal/disclosures for more information.