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

Logo (2)

BankAxept

BankAxept: Discover payment solutions in Poland

BankAxept is Norway’s national debit card payment system, accounting for over 80% of card transactions in physical stores.

Touch n Go logo png

Touch ’n Go

Online banking

Touch 'n Go (TNG) is a groundbreaking contactless payment.

Visa

Visa

Credit/Debit card

Visa is a multinational financial services corporation founded in the United States.

Logo (1)

Vipps

Vipps: Discover payment solutions in Norway

Vipps is Norway's leading mobile payment app, originally launched in 2015 by DNB. It allows users to make secure peer-to-peer transfers, pay for goods and services online, and settle group expenses with ease.

Virtual Accounts

Virtual Accounts

Online banking

Virtual accounts are digital bank accounts that are created for specific purposes.

Interac

Interac

Online banking

Interac Online is one of Canada's leading electronic payment services.

AirtelTigo

AirtelTigo

Mobile money

AirtelTigo Money is an innovative mobile money platform.

cryptogo png

CryptoGo

CryptoGo: Discover payment solutions in Hong Kong

Crypto ATM providing financial operations with crypto using cash. Discover payment solutions at spoynt.com

SEPA

SEPA

Online banking

SEPA (Single Euro Payments Area) is a pan-European instant payment scheme.

Vietnammobile

Vietnammobile

Online banking

Vietnamobile is a enabling seamless Mobile Payments and financial services.

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.