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Multibanco
Multibanco is a highly popular and widely used payment system in Portugal, offering a range of services through ATMs, online banking, and in-store transactions. Established in 1985, Multibanco provides consumers with the ability to manage their finances easily and securely by enabling bank transfers, bill payments, mobile recharges, and even purchasing tickets, all via the ATM network. It is integrated into the majority of Portuguese banks, making it accessible to almost every bank account holder in the country.
In addition to ATM services, Multibanco also allows for online payments through its "Multibanco Reference" system, where customers receive a unique reference number to complete their transactions securely through their bank. It is widely used for e-commerce, utility bill payments, and government services.
Multibanco’s combination of convenience, security, and wide acceptance makes it one of the most trusted payment methods in Portugal, catering to both personal and business needs.
Multibanco
Features
Payment type | Bank Transfer |
---|---|
Merchant locations |
Europe and Russia Portugal |
Currencies |
Settlement currency : EUR Processing Currency : EUR |
Other |
Refunds : ❌ Partial refunds : ❌ 3D Secure : ❌ Chargebacks : ✔️ Local entity required : ❌ |