Celero Commerce is a merchant account provider based in Brentwood, Tennessee and appears to have been in operation since 2002 according to the Better Business Bureau. However, the company’s filing with Tennessee’s Secretary of State indicates that the original business name may have been Elmhurst Financial.
Celero Commerce appears to be a reseller or subsidiary of PaySafe and evidence suggests that the company may also be operating as, or connected to, Elmhurst Financial Services, Tandem Innovative Payment Solutions, TransNational Payments, and UMS Banking. UMS Banking appears to still be an active brand under the Celero Commerce umbrella.
In late 2021, Celero acquired Everest Payment Solutions of Florida, and in 2022 the company acquired OMEGA Technology. Both are payment processors, adding to the Celero stable of customers.
Celero Commerce Systems Payment Processing
Celero Commerce processes most major debit and credit cards for most business types. The company offers a suite of merchant products along with its payment processing abilities including payroll, inventory management, and various marketing tools. They market their products towards a range of industries like hospitality, lodging, fleet, healthcare and professional services, and several more. They also appear to be a reseller of Clover POS products. Their services also include B2B processing, e-commerce solutions, access to virtual terminals, POS solutions, mobile solutions, EMV/NFC readers, ACH processing, and gift card and loyalty programs.
Celero Commerce Systems Location & Ownership
Celero Commerce is a registered LLC located at Harpeth on The Green IV 100 Westwood Place, Suite 200 Brentwood, TN 37027. It has been registered under Elmhurst Financial since 2002 and was incorporated into Celero Commerce in 2019. Kevin Jones is listed as the CEO of Celero Commerce.
Celero Commerce has partnered with several smaller banks and payment providers to provide their payment services. Some of these are partnerships and some are the partner banks of their recent acquisitions. These partnerships include United Merchant Services of California, LLC. The company is also a registered ISO of Synovus Bank, Columbus GA; and Wells Fargo Bank, N.A. Elmhurst Financial Services is a registered ISO of Wells Fargo Bank N.A. Concord, CA and Fifth Third Bank, N.A., Cincinnati, OH. Tandem Innovative Payment Solutions is a registered ISO of Wells Fargo Bank N.A. Concord, CA. and Fifth Third Bank, N.A., Cincinnati, OH. FlashBanc, LLC is a registered ISO of Wells Fargo Bank, N.A., Concord, CA. TransNational Payments is a registered ISO of BMO Harris Bank, N.A. These banking relationships may also further indicate that Celero Commerce is a sub-ISO of PaySafe. There is also evidence that suggests Celero resells the services of Fiserv (formerly First Data) and Global Payments.
Celero Commerce Review Table of Contents
- Costs & Contract: Celero Commerce offers custom contracts based on the client’s needs
- Complaints & Service: Celero Commerce complaints number less than 5 on public complaints forums.
- BBB Rating: Celero Commerce has an “A+” rating and has received 1 complaint and 1 review in the past 3 years. The company is not accredited by the Better Business Bureau.
- Sales & Marketing: Celero Commerce does not hire independent sales agents and has received a low number of complaints about its sales practices.