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Accept Local Payment Methods in
Portugal
Connect to popular local payment methods through one API. Automate cross-border payouts and expand with regulated fintech infrastructure from 8B.
Portugal

Portugal

Portugal
Top e-commerce industries
24%
Electronics
19%
Hobby & Leisure
22.2%
Fashion
Furniture & Homeware
Care Products
DIY
Grocery

Portugal Combines MB WAY with One of Europe's Strongest Domestic Payment Networks

Portugal's payment ecosystem is built around Multibanco and MB WAY, creating one of Europe's most integrated domestic payment infrastructures. Consumers use the platform for cards, QR payments, instant account-to-account transfers and digital commerce.

Together, Multibanco and MB WAY demonstrate how domestic payment networks can evolve into comprehensive digital payment ecosystems.

Lisbon
Capital
10.5M
Population
GMT -1 to +1
Time Zone (GMT)
EUR (€)
Currency
Euro
$21.8B
Transactions
value in 2031
19.1%
CAGR
of Digital Payments during 2026-2031

Cross-Border Payment Infrastructure for Global Growth

Local Payment Infrastructure

Connect to local payment methods, bank transfers and digital wallets through a single API. Expand into new markets faster with regulated cross-border payment infrastructure.

Payments & Payouts

Accept customer payments, automate partner payouts and simplify global money movement through regulated fintech infrastructure.

Industries We Support

Supporting e-commerce, travel, gaming, marketplaces, financial institutions, PSPs and fintech companies expanding into new markets.

One API

Launch new markets faster without building separate local payment integrations. Reduce operational complexity while improving payment acceptance and customer experience.

Pay by Bank (PT)
Bank Transfer
16%
Buy Now Pay Later
3%
Cash-in
1%
Credit Cards
17%
Debit Cards & Prepaid Cards
18%
E-wallet
40%
Mobile Money
40%
Others
5%
The Infrastructure Behind Local Payment Methods in
Portugal

Expand into new markets with regulated cross-border payment infrastructure. 8B connects businesses to local payment methods, national QR networks, bank transfers and digital wallets through a single API, helping businesses launch faster while reducing integration complexity.

Connect Through One API

Offer customers the payment methods they already know and trust.

Supported Payment Methods

Pay by Bank in Portugal enables account-to-account payments using local banking infrastructure. It is relevant for online commerce, invoices, services and business payments. For international merchants, Pay by Bank helps localize payment acceptance and gives Portuguese customers a secure way to pay directly from their bank account.

Method
Pay by Bank (PT)
LPM Market Share
n/a
Payments
Yes
Refunds
Yes - full refunds only
Type
Bank Transfer
Local Card Scheme
Users
n/a
Disbursements
No
No
Chargebacks
No
Authorization currency
EUR
Authorization
speed
Instant
Recurring
No
No
Notify when available

Reasons for Popularity

There are no officially registered Third-Party Providers (TPPs) within Portugalowever, approximately 74 European TPPs have been passported to operate in Portugal, indicating an active interest in the country’s open banking sector

Why Companies Choose 8B in
Portugal

Built for Developers

Modern APIs, clean documentation and rapid integration.

Built for Finance Teams

Automated reconciliation, transparent reporting and streamlined settlements.

Built for Customers

Trusted local payment methods, smooth checkout journeys and fewer abandoned carts.