
Fattmerchant
FattMerchant is a credit card and payment processing platform enabling businesses to receive money from their customers. It works in a monthly subscription model compared to the fee-per-transaction model of other services. Accept payments from a wide array of payment services, including Samsung Pay, Apple Pay, and traditional Debit/Credit card-based transactions. Access reports and transaction history and logs in one-click.
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Fattmerchant Review and Overview
Every business that sells products directly to customers without listing it on E-Commerce platforms requires a payment processing service to accept payments. Most of the current payment services charge fees per the transaction. FattMerchant is a payment gateway that is based on a monthly subscription scheme, allowing businesses to pay a fixed fee per month rather than calculating transaction gateway fees based on the amount paid in each transaction.
Variety of Payment methods supported
It supports a wide variety of payment methods, including Samsung Pay, Apple Pay, PayPal, and also enables traditional Credit card and Debit card-based payments. It supports contactless mobile payment services via NFC and supports both Android and iOS platforms.
Omni integrated payment services
FattMerchant stores the detailed history of all transactions and keeps a record of successful and unsuccessful transactions. There is also an intelligent analytics service that helps to find out which product has been sold the most number of times.
Use the analytics to get insights into the performance and revenue management of your business. It helps to generate leads and boost conversion rates.
How processing fees work
Generally, there are two types of processing fees set on every online money transaction. The first one is the interchange fees – set by the credit card/debit card companies like Visa, AMEX, and Mastercard. This fee is permanent and cannot be changed. The second fee is the processing fees, which differ from each payment gateway. Payment gateways make a profit by charging this additional processing fee on top of the card issuer fees.
FattMerchant differs from this approach by charging a flat-rate per month for its customers. It will not be based on the number of transactions processed.
Implement In-App purchases
Independent shopping app developers can provide in-app purchases by using FattMerchant service. It is implemented with FattMerchant's powerful API tools, and it also comes with an easy to use documentation to help developers understand the integration process.
Take care of recurring subscriptions and run pay-to-unlock feature set on smartphone applications with the help of FattMerchant mobile-centric APIs.
Superior customer support
FattMerchant has an excellent customer service provided by payment experts in the industry. Every business on the platform gets its dedicated customer success manager who advises best practices for developing sales and addressing payment related queries.
Top Fattmerchant Alternatives
- CCNow
- Authorize.Net
- Direct Pay Online
- PaymentCloud
- Chase Paymentech
- Braintree
- TransFirst
- PayJunction
- Mercury
- High Risk Merchant Account
- Converge
- Elavon
- Beanstream
- Google Wallet
- NMI