Modo is a digital payment solutions company that offers a universal platform for connecting and aggregating various payment systems, streamlining operations and improving the customer experience.

Payment methods N/A

Market coverage 1
  • United States of America

Modo is a company specializing in digital payment solutions. Founded in 2010, Modo has developed a universal payment platform that facilitates transactions between merchants, banks, financial service providers, and consumers.

Modo’s platform enables the aggregation and connection of different payment systems, offering great flexibility and allowing transactions to take place in various payment environments. This means that merchants can accept different forms of payment, including credit cards, digital wallets, and mobile payment networks, using a single integration.

Modo positions itself as an interoperable payment solution, helping businesses streamline their payment operations, reduce costs, and improve the customer experience. Their goal is to simplify and enhance payment processes by providing a flexible and scalable infrastructure.

In addition to their core platform, Modo also offers consulting and analytics services to help businesses optimize their payment operations. They work with various industries, including retail, e-commerce, financial services, and telecommunications.

Modo's features

  • 3D Secure
  • Chargeback management
  • Chargebacks
  • Partial Captures
  • Partial Refunds
  • Payin
  • Payout
  • Recurring Transaction
  • Recurring Transactions
  • Refunds

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Frequently Asked Questions

What is a Payment Aggregator (#PA)?2023-09-14T14:17:02+02:00

A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.

What is a Payment Facilitator (#PayFac)?2023-04-18T18:56:26+02:00

A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.

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