PandaPay Case Study

CASE STUDY

Nuvei powers growth and high-tech, transparent Payments for PandaPay

“When looking for a processor to partner with, the golden nugget doesn’t lie in compensation as most people think. It lies in the technology, support and guidance you get from your payment provider. Nuvei has exceeded our expectations in this regard.”

— Max Desruisseaux, CEO & President

ABOUT PANDAPAY

PandaPay was founded in 2014 in Montreal, Canada, with the aim of providing transparent payment processing solutions to merchants. Their goal was doing fair business: no hidden fees, clear and transparent service plans, creating no confusion for merchants. With over 7,000 merchants across Canada and in-person presence in all major cities, they are growing steadily but quickly, winning merchants trust wherever they go!

THE CHALLENGE

PandaPay wanted to grow into a household name in the payment processing industry. The processor they were working with initially did not have the capacity or experience to support their ambitious growth plans. PandaPay needed a knowledgeable, performancedriven and entrepreneurial partner to take their business to the next level. They also wanted a payment technology provider who could bring their vision of transparent, black and white pricing to life.

Key considerations included:

• Transparent Pricing

• Innovative Payment Solutions

• Secure Payment Technology

THE RESULTS

• Strategic Partner Support

• Lucrative Compensation Structure

• Business Intelligence Tools

• Opportunities for Global Growth

• In-house, Local Merchant Support

By partnering with Nuvei, PandaPay was able to enhance their payment processing offering, provide their clients with transparent pricing and grow their business beyond Canada and into the U.S! PandaPay has been in business for 7 years now and processing exclusively with Nuvei for the last 3 years. Max Desruisseaux, CEO & President of PandaPay says, “This is by far the best decision the company has ever made.”

One year into the partnership, PandaPay decided to process exclusively with Nuvei. Today, they are processing over $3.5 billion in credit card transactions and have over 7,000 merchant locations.

“After meeting with Nuvei, we cancelled appointments we had with other payment providers. We felt confident and reassured that Nuvei could help us achieve the vision we had for PandaPay and help us not only grow, but thrive.”

— Max Desruisseaux , CEO & President

HOW NUVEI MADE IT HAPPEN

Detailed Reporting

Merchants want transparency when it comes to payment processing so they can offer the same to their customers. Nuvei facilitates transparent pricing through detailed reports and statements that break down each line item. Plus, the Merchant Dashboard gives merchants easy acess to all their transaction data whenever they want it.

Innovative Payment Solutions

Nuvei’s advanced payment technology enables PandaPay to stay competitive and offer virtually every type of payment to their clients. From all major credit cards, debit cards and unsurpassed alternative payments methods, to ACH payments and mobile wallets, Nuvei has it all!

Secure Payment Technology

Nuvei provides PandaPay and its clients a stable and secure platform for accepting payments. Nuvei’s cloud solution ensures that neither PandaPay nor the end users ever interact with cardholder information. This reduces PCI scope and liability and ensures adherence to industry guidelines.

Strategic Partner Support

Nuvei surrounds PandaPay with a team that values their business and is invested in their success. From assistance with applications, underwriting and marketing, to rapid responses on any escalations, Nuvei’s Partner Support team provides personalized assistance to ensure PandaPay’s success.

Lucrative Compensation

Nuvei’s unsurpassed payment technology allows its Partners to capitalize on every payment processing opportunity that comes their way. With aggressive buy rates and revenue sharing opportunities, the earning potential is not only diverse but also lucrative!

Business Intelligence Tools

Nuvei’s Parner Dashboard is an online portal that provides partners full visibility to vital information needed to run their business. From sales, application, commission and merchant data, PandaPay is able to easily monitor and manage sales staff and revenue.

Global Growth

Nuvei supports global growth by making the world a local marketplace. Our presence in over 200 markets makes it easy for our partners to conduct business in many thriving economies worldwide.

Merchant Support

Businesses today need more than technology to find success. They need a strong, capable, and experienced team behind them. Nuvei’s specialized technical-support teams are expertly trained to provide the best service possible and are available to PandaPay and their clients 24 hours a day, 7 days a week.

LOOKING AHEAD

PandaPay has just opened an office in the Unites States and will be leveraging Nuvei’s banking relationships in the region to support their expansion plans. Having a global partner like Nuvei makes it simple and straightforward to expand your reach and tap into new markets!

Meet Nuvei: Our future-proof technology allows businesses to accept cutting-edge payment options, optimize new revenue streams, and get the most out of your existing stack—all on one platform.