Modo offers an online platform that conducts the exchange of payment event data on behalf of banks, payments networks and providers navigating the fintech frontier. It uses cloud technology which in turn enables payment interoperability by allowing clients to store, share, and track payment event data.
PRODUCTS & SERVICES:
Its service offerings are as follows:
1. Checkout: It combines multiple payment tools and funding sources into single checkout channel.
2. Pay Out: Enables users to disburse funds globally to any endpoint.
3. Pay In: Enables users to receive money globally from any endpoint that their clients need.