Comparison

Payhawk vs Slash Banking

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Payhawk

Manage your company's entire spending lifecycle seamlessly. Instantly issue cards with custom limits, automate expense reporting with real-time notifications, and integrate directly with your accounting software. Go paperless and gain full control over your business finances.

Highlights
  • Instant virtual and physical card issuance
  • Customizable spending limits per employee
  • Automated receipt and invoice matching
  • Real-time expense tracking and reporting
  • Direct accounting software integration
  • Paperless expense management
Features
Read full description

What is Payhawk? One place to manage your entire spending lifecycle in a digitally compliant way. Why Payhawk? A click of a button is better than a trip to a bank. Next Generation cards * Issue cards instantly - issue physical or virtual cards to employees with a click. * Set spending limits - decide how much every employee can spend and create limits by vendors, categories and time * Control cash withdrawals and online payments - enable or disable ATM cash withdrawals & online payments. * Design custom approval chain - empower employees to request funds through an approval process * Prevent card sharing - delete all pictures of your shared company card. * Issue team cards for employees spending from a shared budget - the right way to manage subscriptions, marketing budgets, or project-based spending * Business Debit cards - issued by Visa and accepted worldwide. Don’t deal with expense reports and receipts * Real-time notifications - snap photos of receipts and invoices after every card transaction. * Don’t chase invoices - employees are constantly reminded to submit payment proofs. * Automated inbox - digital invoices are automatically matched with card transactions. * Automated categorization - based on your own chart of accounts. * Let us take care of the pre-accounting - we use smart computer vision that reads 60+ languages making every expense ready for reconciliation * Reconcile in real-time - calculate your budget vs. actual reports in real time * Easily pay bills and reimbursements - Initiate SEPA and Faster Payments transfers with one click directly from the platform * Go paperless - invoices, receipts, and bank statements are all digital and kept for 10 years. * No more bank statements - transactions and expenses are matched with a breeze. * Accounting integrations - push reconciled expenses straight to your accounting system. Do you work with an external accounting team? No problem, you can easily invite them to our web portal or export them a monthly Excel report. Learn more and sign-up at https://payhawk.com Follow us on LinkedIn: https://www.linkedin.com/company/payhawk-com/

About

Slash Banking

This app provides comprehensive banking services for businesses, offering physical and virtual cards, unlimited transfers, and seamless integration with accounting software. Manage multiple business accounts from a single, intuitive interface.

Highlights
  • Physical and virtual team cards
  • Unlimited domestic and international transfers
  • Multi-business account management
  • Accounting software integrations
  • Sleek user interface
Features
Read full description

Slash offers banking* for businesses of all stages and sizes. We offer a range of products and features, including: - Physical and virtual cards for your entire team. - Unlimited domestic wire, ACH, international wire, and stablecoin transfers. - A sleek UI that allows you to manage your accounts for multiple businesses in one place. - Integrations with major accounting platforms like Quickbooks, Xero, and Sage. Slash is trusted by over 10,000 business owners and we have raised $150M+ from leading investors. To learn more, visit slash.com. *Slash Financial, Inc. is a financial technology company, not an FDIC-insured bank. Banking services are provided by Column N.A., Member FDIC. The Slash Platinum Card is a Visa® charge card issued by Column N.A., pursuant to a license from Visa. Payment of account balance is due in full daily. Monthly membership fees may apply. Card purchases may be eligible for cashback. See Slash Terms of Service.

Screenshots

Payhawk4 screens
Slash Banking4 screens

Verdict

The call

Payhawk and Slash Banking both sit at 4.5 stars, but that hides the real split: 91% of Slash Banking's written reviews are positive against 60% of Payhawk's. Slash Banking also leads on device support (3 vs 1). Payhawk's advantage is update cadence (every 5 days vs every 3 weeks). On price, rating, ratings volume and ads there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

ReceptionRating · Positive reviews · Number of ratings

On the App Store both sit at effectively the same score — 4.5 for Payhawk against 4.5 for Slash Banking. Both are backed by a comparable volume of ratings — 248 and 270 respectively. Written reviews are what separate them: 60% of Payhawk's written reviews are positive against 91% of Slash Banking's.

UpkeepUpdate frequency

Payhawk ships an update every 5 days, Slash Banking every 3 weeks. Both last shipped on October 18, 2026.

Scorecard3 real differences · 7 level
Payhawk versus Slash Banking: the parameters behind the verdict, then further details
ParameterPayhawkSlash Banking
PriceFreeFree
Rating4.5 (248 ratings)4.5 (270 ratings)
Positive reviews59.6% of reviews91.4% of reviews — better
Number of ratings248270 — better
Update frequencyEvery 5 days — betterEvery 3 weeks
AdsNoNo
In-app purchasesNoNo
MonetizationFreemiumFree with in-app purchases
DevicesiPhoneiPhone, iPad, iPod — better
Requires iOS16.415.1 — better
Further details — not scored
Size121 MB97 MB
Age rating4+4+
DeveloperPayhawk OODSlash Financial, Inc.

Customer experience

Payhawk

All ratings248 ratings
Positive85.9%
Neutral3.6%
Negative10.5%
Written reviews57 reviews
Positive59.6%
Neutral8.8%
Negative31.6%

Slash Banking

All ratings270 ratings
Positive88.1%
Neutral1.5%
Negative10.4%
Written reviews93 reviews
Positive91.4%
Neutral1.1%
Negative7.5%

Bugs and requests

Payhawk

Not enough reviews yet to summarise bugs or requests.

Slash Banking

Reported bugs

3 issues
  • Login screen freezes
  • Incompatibility with older devices
  • Unreliable app performance and crashes

Requested features

3 requests
  • Expand Zelle and external bank account integration
  • Add more payment methods for deposits and withdrawals
  • Improve dispute and issue resolution process

In-app purchases

None

Payhawk

No in-app purchases

None

Slash Banking

No in-app purchases

Questions

Is Payhawk free?
Payhawk is free to download, with no in-app purchases.
Is Slash Banking free?
Slash Banking is free to download, with no in-app purchases.
Which has better reviews, Payhawk or Slash Banking?
Payhawk and Slash Banking are both rated 4.5 out of 5 on the App Store, from 248 and 270 ratings respectively.
Do Payhawk or Slash Banking have ads?
Neither Payhawk nor Slash Banking shows ads.
Which is updated more often, Payhawk or Slash Banking?
Payhawk ships an update every 5 days, and Slash Banking every 3 weeks. Most recently, Payhawk was updated on October 18, 2026 and Slash Banking on October 18, 2026.

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