Nuvei empowers Gett: optimizing payments and navigating compliance with efficiency
Discover how Gett achieved +97% acceptance rate and optimized operations with Nuvei's flexible payments
About Gett
Gett is a major player in the ground transportation sector, has established itself as a leader by uniting over 2,000 fleets and a staggering 3.2 million drivers worldwide. With its extensive reach and complexity, Gett has successfully positioned itself at the forefront of the industry, catering to diverse transportation needs on a global scale.
The challenge
As Gett expanded its operations globally, the task of reconciling and reporting payments across different countries and multiple banking partners presented significant challenges. The company urgently needed a comprehensive solution to consolidate all payment-related activities into a unified platform. Furthermore, the dynamic nature of compliance regulations necessitated swift action and implementation to ensure adherence and maintain a seamless payment process.
The approach
In the search for a suitable partner, Nuvei emerged as a new-generation payment provider for Gett. Recognizing the scale and complexity of Gett's operations, Nuvei offered advanced monitoring capabilities to ensure seamless payment processing. Collaborating closely with Gett's team, Nuvei was able to identify payment-related issues and implement effective solutions to streamline the payment flow.
Nuvei stood out as a new generation payment provider that can offer us a variety of payment services in new markets
Lev Yakimov HO Global Payments & Fraud
Addressing the evolving compliance landscape, Nuvei played a crucial role in helping Gett navigate and implement changes to stay compliant with regulations. For instance, with the introduction of the PSD2 (Payment Services Directive 2) regulation in Europe, Gett and Nuvei worked together to integrate 3D Secure into their payment flows, bolstering security and compliance measures.
The results
The collaboration between Nuvei and Gett yielded remarkable outcomes. In Europe, Gett achieved an acceptance rate that surpassed 97%, showcasing Nuvei's unparalleled ability to optimize payment processes and drive overall efficiency. Through the consolidation of payment activities into a comprehensive report, Gett gained enhanced visibility and control, simplifying the reconciliation and reporting process across multiple countries and banking partners. Nuvei's invaluable support in navigating dynamic compliance regulations ensured that Gett remained compliant and at the forefront of industry standards.
