RE: LOL Oh Dear19 Nov 2021 09:30
“ Customers will be able to browse Cashback offers at participating retailers on the Mode app, before going to the selected retailer's website to complete their purchase. The Bitcoin will be credited into the customer's Mode account, where they can store the asset or take advantage of the Company's FCA registered exchange to grow their Bitcoin.”
No mention of open banking and the announcement does state it is stand alone offering. So it uses affiliate links, still works as stated. No formal agreement required between Mode and the retailers.