More than 100,000 businesses will accept the app that competes with Mercado Pago

The app Mode, a virtual wallet who came to compete with Payment Market, will begin to be used in more than 100,000 businesses throughout the country. Via QR code Payments can be made through the digital platform created by more than 30 Argentine banks and launched last year, after closing a commercial alliance with the payment service provider company Fiserv.

In this way, Fiserv added to its network of businesses adhered to one of the main bank wallets in the market, after having incorporated the DNI Account of the Bank province and, in 2020, to BNA + of Argentine Nation Bank.

« In the new paradigm of interoperability, we always seek to lead and be at the forefront to maintain our purpose of being the most comprehensive payment solutions company in Argentina, » he said. Javier Cesari, Fiserv’s general manager for Latin America South, in a statement released by the company today.



“The launch we made with DNI at the end of 2019, reinforced in early 2020 with the addition of BNA + and in the second half of last year with the launch of Central Bank Transfers 3.0, we now add MODO to our terminals Posnet. In this way, the cards of all banks can be used to operate through QR payments ”, added Césari.

According to the company, more wallets will be added « in the coming weeks » so that more and more users can operate by means of payments with QR codes with their bank and virtual accounts, in a fast, secure and contactless way.