MBWay

Simplifying Mobile Payments and Money Management in Portugal
MBWay is a popular mobile payment service in Portugal that enables users to make purchases, transfer funds, and handle their financial activities directly from their smartphones. It offers a secure and convenient way to manage everyday transactions on the go.
Country:
Portugal
Population (Portugal)
10.2 million (estimated)
Number of Internet users
8.7 million (estimated)
Popular payment methods
Credit Cards, Debit Cards, Digital Wallets, Cash Payments, Bank Transfers
Credit Card
0%
Debit Card
0%
E-Wallets
0%
Cash Payments
0%
Bank Transfers
0%
Other
0%

Type:

Digital Wallet/Mobile Payment

Total Customers:

2 million users (estimated)

Currency:

Euro (EUR)

Money transfer volume:

EUR 20 billion annually (estimated)

Coverage:

60% of Portugal’s internet users (estimated)

Refunds:

Yes (limited)

Chargebacks:

No

Type:

Digital Wallet/Mobile Payment

Total Customers:

2 million users (estimated)

Currency:

Euro (EUR)

Money transfer volume:

EUR 20 billion annually (estimated)

Coverage:

60% of Portugal’s internet users (estimated)

Refunds:

Yes (limited)

Chargebacks:

No

About payment system

MBWay is one of Portugal’s leading digital payment solutions, enabling users to link their bank accounts with a simple mobile app. It allows for secure and efficient payments for online shopping, bill settlement, and even ATM withdrawals—using only a mobile device. Whether it's paying for everyday purchases or splitting expenses with friends, MBWay ensures a fast, secure, and user-friendly experience.

The platform is equally effective for B2B use, supporting fast and seamless payment flows. Businesses benefit from features such as:

  • Mobile checkout: Users can input their mobile number to confirm orders via a secure code, streamlining the checkout process.
  • Instant confirmation: Real-time payment updates improve cash flow and transaction tracking.
  • Smooth integration: Easily connects with accounting and financial systems for improved operational efficiency.
  • Advanced security: Multi-factor authentication and encryption protect all transactions.
  • Lower fees: Offers a more affordable alternative to traditional banking options.
  • Widespread acceptance: Supported by numerous merchants and service providers throughout Portugal.

With its broad range of capabilities and strong emphasis on security, MBWay is a top choice for both consumers and businesses seeking to simplify and secure their financial activities.

Always at your service

For issues or questions, check out our FAQ page or contact us via phone, email or contact form.

Always at your service