Paymath: accelerating WeCook's success with Nuvei

CASE STUDY

Paymath: accelerating WeCook’s success with Nuvei

INTRODUCTION

As a payments strategy company for North American eCommerce businesses, Paymath played a pivotal role in accelerating WeCook’s growth and success. Their expertise and strong partnership with Nuvei delivered precisely what WeCook needed – a seamless payment solution that kept costs down and ensured delightful payment experiences for their customers.

THE CHALLENGE

In the ever-evolving eCommerce landscape, Paymath encountered a unique and promising opportunity – the potential to secure a significant client, WeCook, a meal subscription pioneer and Canadian leader for ready-to-eat meals.

Given WeCook’s substantial transaction volume and intricate subscription billing model, Paymath recognized the imperative to identify a payment partner who not only understood WeCook’s distinct requirements but could also offer the expertise and technology necessary to effectively address them. Equally vital was finding a partner ready to scale alongside a company set for rapid growth.

THE SOLUTION

99% Uptime

65% Processing Cost Reduction

4.5 Million Meals Sold Online

Through its ISO Program partnership with Nuvei, Paymath gained access to a network of payment experts. This encompassed vital resources from Nuvei’s sales, integration, eCommerce, and marketing departments, all of who aligned to effectively address WeCook’s needs. In a collaborative effort involving WeCook, Paymath, and Nuvei, payment tokens were seamlessly migrated, ensuring secure data transfer and uninterrupted operations for WeCook’s extensive subscriber base.

Leveraging Nuvei’s advanced technology, Paymath optimized WeCook’s existing subscription billing model, yielding an even more refined and cost-effective solution. This transformation delivered an impressive 99% uptime and a substantial 65% reduction in processing costs.

THE RESULTS

“The most crucial element in partnerships is effective communication. Nuvei maintains an open channel, demonstrating transparency and remarkable responsiveness. This is one of the key reasons why PayMath remains committed to advocating for as many merchants as possible to partner with Nuvei”

— Bernard Prevost, Cofounder, PayMath

This Nuvei-Paymath strategic partnership empowered WeCook to efficiently serve over 125k clients across Canada, selling a remarkable 4.5 million meals. Their achievement underscores the genuine impact of collaboration and innovation within the payment industry.