Owned and operated by Sociedade Interbancária de Serviços S.A., or SIBS, Multibanco enables Portuguese consumers to pay by bank transfers or with a Multibanco card at an ATM.
Multibanco is available at over 11,000 machines spread across the country in strategic spots such as supermarkets, airports, museums, stations, banks and malls. Multibanco is a core payment method for Portuguese consumers, where they can use Multibanco to pay for a range of goods/services including e-commerce, licences and taxes.
Services are supported by all banks in Portugal, so all Portuguese consumers can be reached by online merchants by integrating with Multibanco. It is a strong brand in Portugal and comprises 30% of the payments market. (J.P.Morgan)
|Payment type||Bank Transfer|
|Merchant supported countries/regions||HK, AU, SG, UK, US|
|Shopper supported countries/regions||PT|
|Minimum transaction amount||No limitation|
|Maximum transaction amount||99,999.99 EUR|
|Session timeout||7 days|
|Settlement threshold||100.00 EUR|
Airwallex has built a range of client-side integration methods that allows you to manage your UI, minimises your implementation effort and allows you to get to market quickly.
|HPP (Hosted Payment Pages)||✅|
|Pay by Link||⛔|
Airwallex’s solution supports Multibanco payment acceptance desktop and mobile channels.
|Multibanco||Destop Website Browser||Mobile App||Mobile Website Browser|