Multibanco
Multibanco is Portugal’s most comprehensive payment system, offering a wide range of services from ATM withdrawals to online payments.
-
Country
Portugal
-
Population
10.3 million
-
Number of Internet users
9.2 million
-
Popular payment methods
Multibanco, Visa, Mastercard, MB Way for e-wallets, and bank transfers
-
Credit Card
35%
-
Debit Card
40%
-
E-wallets
10%
-
Cash Payments
8%
-
Bank Transfers
5%
-
Other
2%
- TypeDebit Card and Bank Transfer System
- Currency:Euro (EUR)
- % of coverage:> 80% of the population in Portugal
- Money transfers to date: > 1.3 billion transactions annually
- Total customers:5.5 million
- Refunds:Yes
- Chargebacks:Yes
Multibanco
Established in 1985, it has evolved into a multi-functional network, supporting utility payments, mobile phone top-ups, and government services. With more than 80% of the population using it regularly and over 110,000 merchants accepting it, Multibanco is deeply integrated into daily life in Portugal.
One key advantage of Multibanco is its extensive reach—there are 14,000 ATMs nationwide—and its secure, user-friendly interface. Merchants benefit from low transaction fees, making it a cost-effective option for businesses. With 1.3 billion transactions processed annually, Multibanco remains a cornerstone of the Portuguese payment landscape.
Bank Transfer
Bank Transfer: Discover payment solutions worldwideBank Transfer is a method of electronic funds transfer. Discover payment solutions for emerging markets at spoynt.com
Boleto
Online bankingBoleto iis a popular payment method in Brazil, especially for e-commerce transactions.
Econet Ecocash
Econet Ecocash: Discover payment solutions in ZimbabweEcoCash provides financial transactions in Zimbabwe. Discover payment solutions at spoynt.com
PeP
PeP: Discover payment solutions in PolandPeP is an online payment solution for e-commerce in Poland. Discover other payment options at spoynt.com
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.