We are delighted to announce about new additions to our portfolio aiming to expand our service in Europe.
Multibanco is Portugal's leading interbank network, established in 1985, connecting the ATMs of 27 banks across the country. It offers a wide range of services beyond standard ATM withdrawals, including electronic funds transfers at point of sale (EFTPOS), bill payments, mobile phone top-ups, and online banking services.
Multibanco holds a significant share of the Portuguese payment market, with 70-80% of the population using it for transactions. It processes approximately 900 million transactions annually, reflecting its widespread adoption and trust among consumers. For online purchases, Multibanco operates as a post-pay payment method. A payment reference is generated, which customers can use to complete the payment either by visiting one of over 13,000 ATMs across Portugal or through their online banking portal. This system is supported by all major banks in Portugal, providing a secure and trusted payment option for consumers. One of the key advantages of Multibanco is its security and reliability. Since payments are made through secure banking channels or physical ATMs, there is minimal risk of fraud or chargebacks, making it a preferred method for both consumers and merchants in Portugal. Multibanco is a comprehensive and trusted payment system in Portugal, offering consumers multiple convenient options to complete their transactions securely.
Payshop is an offline payment method in Portugal, allowing shoppers to complete transactions using cash. With a robust national presence, Payshop operates through a network of over 7,000 locations, including more than 5,000 agents. Customers receive a unique 13-digit Payshop reference number, to finalize the payment, customers can visit any authorized Payshop agent and pay in cash. Tap into Payshop's extensive network and give your customers the freedom to pay anytime, anywhere!
We’re here to help you find the perfect payment solution for your business and answer any questions about our innovative solutions. Let’s connect and discuss how we can support your growth.