News from the Wire

Fattmerchant forms partnership with Dining Alliance

Friday, July 29, 2016 — 11:28:29 (EDT)

Orlando, Fla., July 28, 2016 - Fattmerchant, a merchant services provider saving businesses thousands with its subscription-based model, today announces its partnership with Dining Alliance, the nation's largest buying group for independent restaurants. As a result of the partnership, Fattmerchant is working with Dining Alliance as their preferred merchant services provider to provide payment processing to its more than 20,000 restaurant members across the country, enabling the restaurants to save thousands of dollars annually through transparent fees.

"Partnering with the Dining Alliance team was a natural fit since both of our companies have a fundamental mission to save businesses their hard-earned money," said Suneera Madhani, CEO and founder of Fattmerchant. "Restaurants are one of the top clients we work with on a day-to-day basis due to the amount of money they transact, and we now have access to thousands more through this partnership where we are able to lend our expertise. Additionally, we have a new value-add service to provide to our restaurant members as well."

Dining Alliance is the nation's largest group purchasing organization for local restaurants, multi-foodservice operations and regional chains. Restaurant owners who are a part of the elite association now will be recommended to choose Fattmerchant as their merchant service provider, and help them slash variable fees on credit card processing by offering zero markups. For a flat monthly membership, the company decreases monthly costs by not adding markups, surcharges, or ancillary fees to the interchange rates of Visa, MasterCard or American Express.

"Restaurants join our program because they understand we have the highest standards in the industry, we care about their business, and we want to save them money so they can profit," said John Davie, CEO of Dining Alliance. "We are always looking for ways to extend our services with other like-minded businesses and Fattmerchant is a shining example of what it means to care about your customers' successes."

For more information about Fattmerchant visit, www.fattmerchant.com .

About Fattmerchant Fattmerchant is a subscription-based merchant service provider offering unlimited payment processing at direct cost for a flat monthly membership and no contract. Suneera Madhani, CEO of Fattmerchant, founded the company in 2014 after working in the credit card processing industry for years, wanting to sell a product that customers would be excited about. Fattmerchant offers three plans, starting at $69 a month without adding mark-ups or other fees, and providing free equipment.

About Dining Alliance Dining Alliance is a family owned company founded in 1998 and currently has over 20,000 member locations in 20 major U.S. markets. Dining Alliance is the nation's largest group purchasing organization for local restaurants, multi-unit foodservice operators, and regional chains. Dining Alliance is revolutionizing the foodservice industry by leveraging buying power on behalf of members in order to negotiate supplier contracts that yield the greatest savings without sacrificing quality or standards.

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Source: Company press release.