Payments

Mode partners with THG for QR payments, bitcoin cashback rewards

June 17, 2021

Mode Global Holding Plc., a fintech company, has partnered with THG Plc., a technology platform for brands, to offer Mode as a payment option for customers. With this partnership, customers can use Mode to pay at THG merchants by scanning a QR code for instant payments, according to a press release.

In addition, customers can earn bitcoin cashback rewards as a form of loyalty payments.

"Partnering with THG marks a major milestone for Mode. THG has become a globally renowned tech ecosystem specializing in taking brands direct to consumers worldwide," Ryan Moore, CEO of Mode, said in the release. "Today's announcement signifies the beginning of long-lasting partnership that will see Mode's growth and market penetration trajectory accelerate and will allow us to bring our disruptive payments and loyalty solution into the hands of millions of U.K. customers."