Talking With: Suneera Madhani, CEO of Fattmerchant

Credit card processing fees are just one more of the expenses that cut into already small margins for restaurants and other small businesses. More than 95 percent of American restaurants accept credit cards and have to deal with fees for PCI compliance, the IRS and more making it hard to estimate monthly expense sheets. Seeing a new way to do things that provides an advantage for small businesses, Suneera Madhani  established Fattmerchant, a transparent subscription-based merchant services. In Modern Restaurant Management’s “Talking With” series, she discusses creating value for businesses, entrepreneurial spirit and what’s behind the company name.

Please explain Fattmerchant’s origin story?

I worked in the payments industry, particular in merchant services, for several years prior to establishing Fattmerchant.  After hearing customers’ stories and dissatisfaction with the amount they were paying in merchant processing and its lack of transparency, I took the idea to my…