CASE STUDY
Nuvei Enables Secure Online Payments for SunPower Corporation “It was important for us to partner with an established payment processor. We needed payment expertise and technology to support our growing network of dealers. Nuvei was a great fit and we felt confident moving forward.” — Nisha Jagtiani - Product Manager, Digital Team, SunPower
ABOUT SUNPOWER CORPORATION SunPower (NASDAQ:SPWR) helps businesses and homeowners reduce their electric bills and better the planet with the most efficient and powerful solar on the market*. After 35 years of groundbreaking innovation, they design the only allin-one solar solutions backed by the industry’s most comprehensive warranty. And with industry-leading sustainability to boot, it’s no wonder they’re the go-to-choice of energy-savvy pioneers and forward thinkers around the globe.
THE CHALLENGE SunPower has a diversified portfolio, serving residential, commercial, and utility solar energy markets. As part of their operations, they work with a network of dealers for sales and installations. To improve efficiency, they required a quick and secure way to accept payments from their dealers. SunPower had never accepted payments online before and needed a solution that would integrate to their online dealer portal. Key considerations included: • Simple integration and API documentation • Quick funding • Competitive fee structure
• Robust reconciliation, accounting, and reporting capabilities • Outstanding customer service and account management
• Payment security and PCI compliance
• Hardware options to facilitate phone orders
• Webhooks to accept ACH payments
• Easy-to-use merchant dashboard
THE RESULTS One platform and a simple integration provided SunPower the payment flexibility, control, and ability to process any type of payment that would come their way. In fact, after partnering with Nuvei, SunPower saw a greater than 60% adoption rate from its dealer network. Now more than ever, SunPower dealers are benefiting from fast, reliable digital payments. *Based on datasheet review of websites of top 20 manufacturers per IHS, as of Jan. 2020.