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Mode Global launches payment and rewards solution on Android

The company said the solution will enable customers with the app on Android devices to “be the first to experience frictionless payments and instant Bitcoin cashback”

Mode Global Holdings PLC - Mode Global launches payment and rewards solution on Android

Mode Global Holdings PLC (LON:MODE) said its payments and rewards solution has been launched on devices using the Android operating system in a public BETA.

The company said the solution will enable customers with the app on Android devices to “be the first to experience frictionless payments and instant Bitcoin cashback”.

WATCH: Mode Global Holdings' CEO says securing key registration from FCA 'gives us platform to really grow'

Users will also be able to try out new app features in Mode’s newly-launched merchandise store, which has its payments solution integrated at checkout.

"Our launch today means a great deal to the team, who after months of work, have proven their capability to deliver a truly innovative payments solution that is unique to the UK”, Mode chief executive Ryan Moore said in a statement.

“We are proud to finally be able to showcase our solution live to merchants and customers, and demonstrate the disruptive nature of the platform we have built. We look forward to receiving feedback from customers as well as investors over the coming weeks", he added.

Shares in Mode Global were 1.6% higher at 47.5p in late afternoon trading on Thursday.

Quick facts: Mode Global Holdings PLC

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Price: 37.5 GBX

Market Cap: £34.29 m

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