Mode Global Holdings PLC Mode to unveil payments product demo

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Mode Global Holdings PLC

24 February 2021

Mode to unveil payments solution in first-ever product demo

Mode Global Holdings ("LSE:MODE"), the LSE-listed fintech group, announces it will deliver its first-ever public product demo of its payments and loyalty solution tomorrow, Thursday 25th, February, which will see Mode usher a new era in retail payments.

Last week, Mode announced it is set to launch its novel payments and loyalty solution in Q2 2021. Mode aims to counter rising card interchange fees through its Open Banking powered payments and loyalty feature, providing businesses with a safer, smarter and more affordable way to accept instant payments. Mode's customers will be able to manage their traditional money and digital assets such as Bitcoin seamlessly, make instant payments, earn rewards in Bitcoin and receive personalised offers from merchants, all on one app.

The product demo will be held during Mode's online event: The rise in Alternative Payments - A remedy for boosting sales and customer retention ? hosted by Ariane Murphy, Head of Marketing at Mode and will feature L.K.Bennett CEO Darren Topp, Mode's Chief Commercial Officer Rita Liu, and Mode's Chief Product Officer Janis Legler. The expert panelists will discuss how retailers can leverage alternative payments to eliminate friction for consumers, increase payment efficiency, boost conversion rates and improve the overall customer experience. Mode will deliver the product demo following an interactive panel discussion.

Rita Liu, Chief Commercial Officer, said: "We're delighted to unveil what we have been building over the past few months, and to finally show the world the revolutionary nature of our product. This is the beginning of a very exciting journey for Mode, where we transform the Mode app into an all-encompassing financial super app, with payments, digital assets, loyalty and merchant offers all in one place. This is a critical step in our mission to deliver a next-generation ecosystem where consumers and merchants can transact in a smarter and more frictionless way."

Join Mode's expert panelists on Thursday 25th February at 11am to discover how Mode is redefining the payments, loyalty and digital asset space. Register now to watch our first-ever product demo.

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February 24, 2021 02:00 ET (07:00 GMT)