Crypto Offramp
Slash now supports USDC and USDT offramp on blockchains like Ethereum, Solana, and more. Deposit your crypto by sending it to the relevant wallet address for your network and you will receive funds on the same business day via ACH.
Real-time payment
Slash now supports sending money through the RTP (Real-Time Payments) system, allowing for near-instant settlement. You can access this feature in the “Move money” section of the homepage.
Monthly statements
On the first day of each month, Slash will now automatically generates your monthly statements that includes all transactions. You can navigate to the account page and download the statement as a PDF file.
New features and updates
- You can now sort transactions by authorization date
- You can add commission rates for sub-accounts that automatically deposits a percentage of all deposits to your main account.
- Included API support for virtual account creation
- Added support for single use card creation
- Added support for outgoing transfer approvals
- Slash accounting integration through Yodlee
International features
Country Spend Controls: You can now set card controls to allow or block transactions in specific countries.
International Wires: We now support international wire transfers via SWIFT. To add an international recipient, simply enter their banking information in the "Move Money" section.
Working Capital
You can now receive working capital for your business directly through Slash. To apply, simply contact us at support@joinslash.com, and we will work with our underwriting partner to understand the needs of your business and provide value.
Sub-accounts
Sub-accounts allow you to easily organize your spending and deposits on Slash between multiple clients or contractors. From the “Sub-accounts” page, you can set up sub-accounts with custom funding amounts and commission rates to suit your needs.
Spend analytics
We made it possible to break down your business spend across merchants, payment methods, contacts, and card groups. Navigate to the “Analytics” page to get a high level spend breakdown overtime.
Enhanced FDIC Insurance
Deposits are divided into amounts under the standard FDIC insurance maximum of $250,000 and placed in deposit accounts at banks that participate in the network to expand your FDIC coverage up to $200 million.**
Timezone Management
We make it easy for businesses across all time zones to view transaction data in their local time. To update your timezone, simply go to "Personal Settings" and select your preferred timezone from the list of options.
Automatic transfer rules
You can now set up auto-transfer rules for your Slash balance.
Go to the "Entity Settings" page, set a balance threshold, and specify the amount to automatically deposit when your balance falls below that threshold.
New features and updates
API changes:
- The transactions API now lets you query for and filter by the authorization time of a given transaction, not just the settlement time.
- The transactions API now lets you query for the authorization time of **refunds** and not just settlements.
- The transactions API lets you query for the raw merchant description in addition to the sanitized one that we provide
Other changes
- Multi-entity businesses can now transfer funds between entities instantly for free (this was restricted to only a few multi-entity businesses in the past)
- Added transaction ID + decline reason to the export as CSV
- You can now filter transactions by the authorization date not just the settlement date
- We can now handle incoming SWIFT transfers on Platinum (you can wire from an international bank into Slash)
Enhanced Card Data
You can now get access to order # data on every transaction via the transactions page, CSV export, or via API.
You can also query for enhanced card data by using our transactions endpoint.
Additional details on cashback redemption side panel
The cashback side panel now contains:
- A month over month breakdown of how much was spent, refunded, and earned in cashback on your Slash account.
- See your projected cashback rate for your current month of spending. This is especially helpful for customers with custom deals that require them to meet spend thresholds to earn higher amounts.
- A downloadable report of your month's transactions with the cashback you earned per transaction (helpful to see foreign transactions that don't earn cashback
New home page view with balance + spend charts
From the home page you can now see:
- A historical overview of your balance over time with different presets
- A historical overview of your spend over time with different presets
More analytics coming soon!
Revamped contact view
Your list of contacts when sending external ACH and wire transfers is now sortable, editable, and searchable.
Improvements to transactions page filters
Transactions page filters are now blazingly fast. In a couple clicks and in milliseconds, filter your transactions by any of the following attributes:
- Description
- Account
- Method
- Status
- Cards
- Card Groups
- Currency
- Contact
- Amount
- Date
Advanced details for card transactions
Every card transaction side panel now contains information about:
- The card that was used to make the purchase
- The authorization and settlement timestamp (toggleable by time zone)
- The location of the merchant with a map interface
- The cashback earned on a particular transaction
- The raw merchant description
- The merchant category
- [for declines only] The specific reason why a transaction was declined
Manage accounts for multiple businesses from one dashboard
You can now create unlimited accounts for all of your different businesses on Slash and toggle between them like Discord or Slack servers!
Emails on incoming wires and ACH transfers
All Slash users now get notified on incoming transfers into their Slash account. To enable, visit personal settings and check the boxes for "Funds received".
Advanced transaction details on ACHs and Wires
Every wire and ACH transfer now comes with advanced data which can be helpful when helping counterparties track down payments you've made to them or vice versa.
Data available to you on every wire:
- Memo
- Account number of your counterparty
- Routing number of your counterparty
- Type code
- Subtype code
- OMAD
- IMAD
- Sender reference
- Business function code
- [Outgoing only] Account type of your counterparty (checking or savings)
- [Outgoing only] Address of your counterparty
Data available to you on every ACH:
- Bank your counterparty used to make the transfer
- ACH trace number
- ACH entry class code
- Memo provided by the recipient info for the transaction
New user role: buyer
You can now add users to your account that only have the ability to see specific cards, card groups, and their associated transactions.
These employees cannot edit the limits on their cards or card groups, but they can create cards inside of card groups that you've assigned them.
Randomized Expiration Dates
Previously, Slash cards would be issued with expiration dates exactly 5 years into the future from card creation. To minimize the risk of PAN enumeration attacks, Slash cards now have expiration dates at random dates in the future.
Receipt and invoice management
You can now attach files to all of your transactions on Slash, allowing you to always be audit ready. Files lying around your laptop are a losing games when it comes to an IRS audit. To keep yourself protected should you ever come up for audit, it's best practice to keep your receipts and invoices for at least three years—but even that might not be enough in some special circumstances. With Slash, you can now easily keep every receipt safely stored and accessible in digital format.
[BETA] Slash Platinum
A new version of Slash is coming soon. It will let you:
1. Create an unlimited number of virtual and physical Visa cards.
2. Spend an unlimited amount per transaction (current Slash has a 10k per transaction cap).
3. Send unlimited outgoing wire transfers for free.
4. Earn higher rewards on all of your spend.
Slash Platinum is powered by Column Bank NA and is coming in 2024 to our entire customer base.
[BETA] Affiliate program
You can now earn cash for referring your friends over to Slash. Open exclusively to existing partners we've worked with in the past, you can earn anything between $25 per customer referred up to a percentage of their spend on our platform.
Add card to group on creation
You can now add a card to a group when you're creating it.
Stay logged in for 30 days
You can now stay logged in for 30 days from the same device without having to 2fa every single time.
Command K!
You can now perform different actions in the Slash product by pressing Command + K and enter. In just a couple keystrokes:
- Create an "instant card" and have the card numbers automatically copied to your dashboard.
- Create a card group.
- Create cards in bulk.
- Open the side panel for one of your existing cards.
Transactions Page Aggregations
Added "totals" to our transactions page. Added transactions page aggregations. By leveraging filters, you can now figure out cool things from your Slash dashboard like:
- Lifetime spend volume
- Lifetime wire volume from a specific counterparty
- Refund volume between X and Y dates from a specific merchant
- Sum of all ACH deposits between $5000 and $7000
- And anything else you can think of :)
[BETA] Slash API
Certain customers now have the ability to interact with their Slash account programmatically. To see everything that you're able to do, please visit our docs: https://docs.joinslash.com/introduction
Instant Payouts
You can now send money from your Slash account back to your connected bank account instantly and for a small convenience fee.
Quickbooks Online and Mint Money integration
Slash is now a supported institution on every Intuit product. Simply search “Slash” when linking a bank and voila!
Dark mode
We support dark, light, and system mode in Slash now.
Discord Webhooks
Get all your Slash notifications straight in Discord. Customize which notifications go to which channels for ease of tracking.
Slash Chrome Extension
The Slash Chrome Extension lets you automatically put your virtual card details with one click on any site that you’re visiting.
Instant Payouts
You can now send money from your Slash account back to your connected bank account instantly and for a small convenience fee.
Outgoing ACH transfers
You can now send money to any bank in the US by using our outgoing ACH transfer feature. Simply click “Move Money” > “Send Money” > “External ACH”, type in the details of your desired recipient, and click send!
Alias instant payouts
You can now link your Alias account to Slash, press a button, and immediately cash out your earnings with no fee. No more need to wait 3-5 business days to get your payout, get it in real time.
Zelle
You can now send and receive funds with Zelle to and from your Slash account. To enable it, simply download the Zelle app and link your personal debit card.
Multi-user support
You can now add other users as admins on your account. Users you add to your account have the same permissions that you do.
Debit card funding
You can now link an external debit card to your Slash account and fund it in real time.
Slash for businesses
Slash is now open to incorporated entities and not just sole proprietors.
Cashback!
All Slash customers can now earn cash back on their spend permanently. Please visit our subscriptions page in the product to learn more about our rates.
New features
• Implemented card stacking and pricing changes.
• Updated labeling for account differentiation.
• Revamped home page and cash-back tracking.
• Enabled Intercom chat bubble on mobile.
Enabled Apple Pay and Google Pay for all cards
All cards are now eligible to be enrolled in Apple and Google Pay.
New features and bug fixes
• Added "Shopify Sites" to merchant allowlist.
• Introduced deposit limit widget for bank transfers.
• All users can now mass pause cards
New features and bug fixes
• Implemented bulk card operations.
• Expanded merchant allowlist.
• Added authenticator app 2FA option.
• Stopped sending emails for closed card transactions.
New features and bug fixes
• Added toast notifications for real-time feedback on actions like card creation.
• Introduced global merchant allowlist for card transactions.
• Enabled bank transfers for previously restricted users.
• Fixed infinite loading issue on "Move Money" page.
• Closed filters on cards page.
• Improved access to Zelle page.
• Resolved re-onboarding bugs.
• Fixed Intercom chat bubble visibility.
• Enabled bank transfers for all users.
Bug Fixes
• Fixed export bug causing cards to export as tokenized values.
• Resolved issue preventing certain users from accessing Slash 2.0.
• Corrected links to integrations on the home page widget.
• Removed empty business debit cards table.
• Added last 4 digits display to cards tables and transactions page.
• Updated colors for transaction statuses.
• Changed transaction timestamps to hard timestamps.
• Resolved issue causing infinite loading on "Move Money" tab.