About MODO: Unifying Latin American banking experiences

MODO is a LATAM-based financial services platform developed by a consortium of public and private banks in Argentina, known as “la billetera de los bancos,” or “the wallet of banks.” Their mission is to make both online and in-person payments easy, secure, and consistent. MODO offers a mobile app that can be used as a stand-alone solution or integrated directly into a bank’s interface, providing a familiar, seamless experience for customers across all participating institutions.

The Problem: Integrating fragmented bank and acquirer networks

MODO’s goal of simplifying payments across multiple banks in Latin America presented a complex challenge. Integrating with 39 different banks, acquirers, and card networks required significant development resources and ongoing maintenance. MODO needed a secure, scalable solution for capturing and storing payment information while maintaining PCI compliance and high service reliability. The team wanted to focus on improving the app’s design and user experience rather than managing the intricacies of diverse payment integrations.

The Solution: Streamlining connections with an agnostic vault

MODO turned to Spreedly’s Payments Orchestration platform to streamline these complex integrations. Spreedly enabled MODO to connect quickly and securely to all participating banks while also providing vaulting to safely capture and store payment details. The platform’s open, agnostic architecture allowed MODO to work seamlessly with any bank, acquirer, or card network, while its high availability ensured reliable service even during peak demand. By leveraging Spreedly, MODO could outsource the complex technical work and concentrate on delivering a user-friendly, all-in-one banking and payment experience for their customers in Argentina. 

The Results: Driving seamless e-commerce and regional scale

With Spreedly, MODO now offers a unified platform where customers can easily send and request money, pay merchants via QR codes, and access all their accounts and cards in one app. The integration has enhanced security, ensured PCI compliance, and reduced operational complexity. 

Customers enjoy a seamless, reliable experience, while MODO’s development team can focus on expanding e-commerce offerings and improving app features. The collaboration demonstrates how a strategic partnership with a payments orchestration platform can drive both simplicity and security at scale.