Fattmerchant

• Transparent Pricing
• No Contract
• Advanced Technology
• Helpful Website

Transparent Pricing

With Fattmerchant, customers don't need to worry about unreasonable prices or hidden fees. All pricing information is disclosed on the company's website. 
Fattmerchant's flat rate processing includes the following perks: 

• No batch fees
• No cancellation fees
• No PCI compliance fees 
• No statement fees 

Plus, the company offers a 0% markup, subscription fee model. 

For swiped payments or keyed payments, plans start at $99 per month plus a $0.08 to $0.15 fee per transaction and direct cost. The $99 plans are for businesses processing up to $500,000 annually and give businesses access to the direct, lowest cost of interchange, with with add-ons available such as ECP (electronic check processing) for $49 per month. 

Fattmerchant's Enterprise monthly fee of $199 per month begins when merchants process over $500,000 annually. 

To reiterate, the breakdown of the pricing is as follows: 

• Merchants processing < $500,000 = $99 per month
• Merchants processing > $500,000 = Enterprise Pricing beginning at $199 per month and graduates per intervals of $500,000 up to $2 million 

When pricing out merchant services, remember to factor in the transaction fee and direct costs. While those are only pennies per transaction, they can add up. 

No Contract

In addition, Fattmerchant will never lock a customer into a contract. The lack of a long-term contract is a low-risk option for any business investigating Fattmerchant's services, and can help customers determine whether or not it's the right fit.

Along the same lines, you can request a free savings analysis from Fattmerchant before paying any monthly fees. The analysis helps you understand your current statements and learn about subscription-priced merchant services. 

Advanced Technology

Fattmerchant customers have access to a suite of advanced technology solutions for their businesses. 

Fattmerchant offers online and mobile invoicing solutions, integrations into point-of-sale systems and countertop terminals, online shopping carts, and an industry-leading API. 

The cloud payment technology includes the following features: 

• Invoice management
• Securely-stored payment information
• Recurring bill paynments
• Inventory management
• Custom payment links
• Text2Pay SMS invoices
• Same-day and next-day funding options 

In addition, each Fattmerchant member has access to the company's business analytics dashboard and apps marketplace. 

From the dashboard, customers can access insights such as sales month-over-month, busiest times of day, batch reports, customer loyalty data, and much more. All of these solutions can be viewed from a single login. 

The marketplace gives access to additional solutions, supplies ordering, integrations, and other tools that could enhance payment experience as well.

Helpful Website

Fattmerchant has a thorough and transparent website that gives visitors the majority of the information they will need to decide if Fattmerchant is one of the merchant service providers they want to consider. The company's website has an individual webpage for every service offered, including EMV terminal, shopping cart, virtual terminal, mobile, integrations, and API. Having descriptions of each service Fattmerchant offers is a great way for merchants to research if the company is right for their business without having to call the company or wait for an email.

In addition to Fattmerchant's webpages of information on its services, the merchant account provider also has a blog and a live chat for customer service queries. These are additional resources for merchants who want to learn more about Fattmerchant and the credit card processing industry.

• Time in Business
• Unclear Processing Cap 

Time in Business

Fattmerchant is fairly new within the merchant services field. The company has only been in business since 2014, which is a relatively short time in business compared to some of its competitors. 

Unclear Processing Cap 

It's unclear at what point a company is too large to use and benefit from Fattmerchant services. The company's pricing page says that it offers larger packages including the processing of over $5,000,000 annually but there may be a defined annual processing max amount.