Multibanco
Multibanco has been around since 1985 and is the most popular payment method in Portugal.
It's a post-pay payment method. This means a reference is generated at the checkout, and the customer then either goes to an ATM and pays physically with their debit card (within X amount of days), or pays online via the Multibanco online banking environment.
Payment pricing
+
70 - 80% of the Portuguese population pays with Multibanco
Multibanco has up to 50% market share in retail
A safe and trusted payment method
Features
| Payment type | Vouchers, prepaid and giftcards | |
|---|---|---|
| Channel | Online | |
| Available in | Europe | Portugal |
| Currencies | Settlement currency | |
| Processing currency | EUR, EUR | |
| Other | Refunds | |
| Partial refunds | ||
| Multiple partial refunds | ||
| Multiple partial captures | ||
| 3D Secure | ||
| Chargebacks | ||
| Local entity required | ||
| Sales day payout | ||
| Settlement delay | 4 days | |
| Recurring |
How to integrate payment methods
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