More payment methods

MBWay

MBWay is a mobile payment service in Portugal. It allows users to make payments, transfer money, and manage their finances through their mobile phones.

% of coverage
  • Country

    Portugal

  • Population

    10.2 million (estimated)

  • Number of Internet users

    8.7 million (estimated)

  • Popular payment methods

    Credit Cards, Debit Cards, Digital Wallets, Cash Payments, Bank Transfers

% of coverage
  • Credit Card

    20%

  • Debit Card

    40%

  • Digital Wallets

    15%

  • Cash Payments

    15%

  • Bank Transfers

    8%

  • Other

    2%

Payment Method Overview
  • Type: Digital Wallet/Mobile Payment
  • Currency: Euro (EUR)
  • % of coverage: 60% of Portugal’s internet users (estimated)
  • Money transfers to date: EUR 20 billion annually (estimated)
  • Total customers: 2 million users (estimated)
  • Refunds: Yes (limited)
  • Chargebacks: No

MBWay

MBWay is a leading digital payment method in Portugal. By linking bank accounts to the user-friendly app, individual users can make secure payments for online purchases, settle bills effortlessly, and even withdraw cash from ATMs using just their mobile devices. Whether navigating online shopping sprees, managing regular bill payments, or splitting costs with friends, MBWay ensures a swift and secure experience for all involved.

The platform fosters efficient B2B transactions, allowing companies to send and receive payments with remarkable speed and ease. For businesses, it can be useful with:

  • Mobile checkout: for a faster checkout, users can simply enter their mobile number. The app sends a secure code to confirm the order.
  • No transaction delays: real-time payment confirmations improve cash flow.
  • Seamless integration: integrates smoothly with accounting and financial management systems, streamlining business operations.
  • Enhanced security: utilizes advanced encryption and multi-factor authentication to ensure secure transactions.
  • Lower transaction fees: compared to traditional banking methods in Portugal.
  • Wide acceptance: accepted by a broad range of merchants and service providers, making it versatile for various business needs operating within the country.

MBWay’s ability to handle a diverse range of transactions, combined with its robust security features, makes it a go-to solution for anyone seeking to optimize their financial processes in Portugal.

Read all

PayMaya logo png

PayMaya

Digital wallet

PayMaya is a cutting-edge digital payment platform.

google pay png

GPay

GPay: Discover payment solutions worldwide

GPay is a mobile payments method developed by Google. Discover other payment solutions at spoynt.com

Fortumo

Fortumo

Mobile money

Fortumo is a leading provider of carrier billing and mobile payment solutions.

Logo (12)

Dankort

Dankort: Discover payment solutions in Denmark

Dankort is Denmark’s national debit card system and the most widely used payment method in the country.

Przelewy24

Przelewy24

Online banking

P24 is a leading online payment method and payment gateway in Poland.

DOC

DOC

Online banking

DOC is a payment method for batched electronic fund transfers between bank accounts.

QR Payment

QR Payment

QR Payment

QR Payment is a modern payment method that utilises codes.

Troy

Troy

Credit/Debit card

Troy is a national card payment scheme introduced by the Interbank Card Center.

Ecocash png

Econet Ecocash

Econet Ecocash: Discover payment solutions in Zimbabwe

EcoCash provides financial transactions in Zimbabwe. Discover payment solutions at spoynt.com

Zing money

Zing

Zing: Discover payment solutions worldwide

Zing is a global payments app. Discover other payment solutions at spoynt.com

Pricing

Pricing request

Our fare pricing is designed to bring satisfaction to both sides of our partnership. The pricing structure is tailored to your specific business type and monthly turnover. Kindly send us a request, including details about your business, and our dedicated success manager will promptly get back to you with our best offer.