Multibanco
Gain access to shoppers on Multibanco
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)
Functionalities and value-added features supported
Features | Multibanco |
---|---|
Payment type | Bank Transfer |
Merchant supported countries/regions | HK, AU, SG, UK |
Shopper supported countries/regions | PT |
Processing currencies | EUR |
Settlement currencies | EUR |
Minimum transaction amount | No limitation |
Maximum transaction amount | 99,999.99 EUR |
Session timeout | 7 days |
Recurring Payment | ⛔ |
Refunds | ⛔ |
Partial Refunds | ⛔ |
Disputes/Chargeback | ⛔ |
Settlement threshold | 100.00 EUR |
Settlement frequency | Daily |
Choose the integration method that best suits your needs
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.
Integration type | Supported |
---|---|
HPP (Hosted Payment Pages) | ✅ |
Embedded fields | ✅ |
Drop-in elements | ✅ |
API | ✅ |
Pay by Link | ⛔ |
Mobile SDK | ✅ |
Accept omni-channel payments from your shoppers with Multibanco
Airwallex’s solution supports Multibanco payment acceptance desktop and mobile channels.
Multibanco | Destop Website Browser | Mobile App | Mobile Website Browser |
---|---|---|---|
One-off Payment | ✅ | ⛔ | ✅ |
Recurring Payment | ⛔ | ⛔ | ⛔ |