Mode Global''s bitcoin cashback app to be available on The Hut Group platform
Mode Global Holdings PLC (LON:MODE) has signed a preliminary agreement to provide payment services incorporating bitcoin to online shopping platform THG PLC, better known as The Hut Group (LON:THG). Mode has developed a mobile app that enables shoppers to receive bitcoin cashback and the platform will be integrated into THG''s Ingenuity e-commerce platform. Over the next 12 months, Mode''s platform will be enabled on over thirty THG brands and starting from the end of September with Myprotein and Lookfantastic. Customers opting to pay with Mode will simply need to scan a QR code or click the "Pay with Mode" button at the checkout page and the payment will be processed instantly via the Mode app using their GBP funds. Payments will be authorised in real-time through biometric security and customer authentication with customers rewarded in bitcoin for eligible purchases. At the end of June, Mode said it will release its payments feature for public beta testing, initially on Android, and launch its own online merchandise store enabling its customers to be the first to receive bitcoin cashback.
Mode Global''s bitcoin cashback app to be available on The Hut Group platform
Mode Global Holdings PLC (LON:MODE) has signed a preliminary agreement to provide payment services incorporating bitcoin to online shopping platform THG PLC, better known as The Hut Group (LON:THG). Mode has developed a mobile app that enables shoppers to receive bitcoin cashback and the platform will be integrated into THG''s Ingenuity e-commerce platform. Over the next 12 months, Mode''s platform will be enabled on over thirty THG brands and starting from the end of September with Myprotein and Lookfantastic. Customers opting to pay with Mode will simply need to scan a QR code or click the "Pay with Mode" button at the checkout page and the payment will be processed instantly via the Mode app using their GBP funds. Payments will be authorised in real-time through biometric security and customer authentication with customers rewarded in bitcoin for eligible purchases. At the end of June, Mode said it will release its payments feature for public beta testing, initially on Android, and launch its own online merchandise store enabling its customers to be the first to receive bitcoin cashback.