Flashbanc Review

Rates and Fees
Truth in Advertising
Consumer Reviews
Customer Support

Best for

Firms of any size operating in the professional services, restaurant, or retail industry.

Specializes in

Facilitating electronic payments and Apple Pay transactions while providing cash advance options for merchants

Pricing Summary

Setup Fee: $0

Monthly Fee: Up to $35

Swipe Rate:  2.69% + $0.19

Keyed-in Rate:  3.69% + $0.19

Early Termination Fee : Up To $499

Contract Terms:

Month-to-month 3 Years
Visit Flashbanc

Flashbanc is located in Florida withMichael Gross acting as its current CEO. The company's core benefits are that it serves businesses of all sizes and has no customer complaints to report. Eventually, Celero Commerce acquired Flashbanc in April 2020.

Flashbanc Overview


On its website, Flashbanc states that the company is a leading provider of loyalty marketing software and electronic payment technology.

Additionally, there are many businesses of all sizes that depend on FlashBanc's cloud-based solutions to manage their sales.

Quick Facts

Head Quarters

Boca Raton, FL

Year Founded



Michael Gross



Merchant Provider Risk Tolerance

What We Like

Zero setup fee.

Provides cash advance options.

Month to month contracts are available.

Accepts high risk merchants.

Provides revenue tracking and data reporting.

What We Don't Like

Monthly fee

Early termination fee.

Pricing is not disclosed online.

Expensive for low volume merchants.

Employs independent sales agents.

Industries Served

  • CBD & Hemp
  • Cigars & Tobacco
  • Clothing & Apparel
  • Convenience Store
  • E-Cigarettes / Vape
  • Electronics
  • Gaming
  • Gas Station
  • Marijuana / Cannabis
  • Medical
  • Moving Companies
  • Nutraceuticals & Supplement
  • Personal Service
  • Self Defense, Tasers & Stun Guns
  • SEO & SEM Services
  • Smoking Accessories
  • Thrift Store

Business Types Served

  • Ecommerce
  • High Risk
  • High Volume
  • Information
  • Low Risk
  • MOTO
  • Online
  • Retail / Card Present
  • Small Business
  • Wholesale

Flashbanc Products & Services


Flashbanc lists the following products on its website:

Smart POS Solutions: FlashBanc claims to offer next-generation smart POS solutions to radically simplify business POS sales. POS systems can help track inventory, manage employees, get customer insight to create lasting customer relationships, and accept payments with ease. Service includes professional-grade tools for revenue tracking and data reporting.

Online Payment Gateway: The Authorize.Net is a remotely-hosted software application that serves as a payment gateway to transmit transaction data from an E-com store's shopping cart to a customer's credit card processor. It is a seamless process and customers don't directly interact with the gateway; The transaction data automatically delivers to the gateway via the online store's shopping cart and a secure (SSL) connection. Authorize.Net is said to integrate with most shopping carts.

Merchant Cash Advance: FlashBanc offers merchants an alternative to bank loans. It can provide businesses with working capital against that business's future credit card customer payments. FlashBanc provides low-documentation merchant account financing across the country. Based on recent business history, merchants may qualify for business cash advances of up to $300,000.

Flashbanc Payment Processing

  • ACH Check Transactions
  • Cash Transactions
  • Check Services
  • Credit Card Processing
  • Credit Card Terminals
  • Debit Card Processing
  • eCheck & ACH Processing
  • Gift & Loyalty Program
  • High-Risk Industries
  • Merchant Cash Advance
  • Mobile Payments App
  • Online Payments
  • Payment Gateway
  • POS Equipment
  • Virtual Terminal

Flashbanc Billing & Invoicing

  • Mobile Payments
  • Online Invoicing
  • Online Payments
  • Payment Processing

Flashbanc Advertising & Sales

Flashbanc primarily markets its services through independent sales agents according to its website.

No advertising/sales complaints were found against the firm.


Truth in Marketing

Discloses All Important Terms


Public Pricing Available


Flashbanc Pricing, Rates & Fees


Flashbanc charges an early termination fee (ETF) of $299, a monthly minimum fee of $25, a monthly statement fee of $9, and a chargeback fee of $25 based on online reviews.

Pricing at a Glance

Pricing Model

Tiered PricingFlat Rate

Swiped Rate

2.69% + $0.19

Keyed-in Rate

3.69% + $0.19

Mobile Payment Rate

Virtual Terminal Rate

2.90% + $0.30

Monthly Fee

Up to $35

Payment Gateway Fee

$25 Per Month

Batch Fee


Early Termination Fee

Up To $499

PCI Compliance Fee


Equipment Lease Terms

48 Month (locked)

Address Verification Service (AVS)

Application Fee

Account Setup Fee


Gateway Setup Fee

Annual Fee

Monthly Minimum

Up to $35

Statement Fee

$9 Per Month

Flashbanc Contract & Terms

Flashbanc has a 3-year contract under FirstData (now Fiserv) that includes automatic renewal and an Early Termination Fee (ETF) of $299 according to online reviews.

Contract Length

Month-to-month3 Years

Early Termination Fee

Up To $499

Flashbanc Setup & Support


Setup Highlights

  • Documentation / Knowledge Base
  • Live Online (1-on-1)

Support Highlights

  • Domestic Phone Support (Business Hours)

Flashbanc Complaints, Ratings & Reviews

Flashbanc has maintained a profile with the Better Business Bureau since 2008 despite not being a BBB-accredited business. The firm currently boasts an "A+" rating on its BBB profile.

There are no reviews or complaints to report over Flashbanc's 12-year operational record with the BBB.



A+ (0 complaints)








Total Online Reviews


Total Online Complaints




Flashbanc Alternatives


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