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Multibanco
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Only pay per transaction
Overview
Multibanco is Portugal’s most trusted payment method, processing over 900 million transactions annually and holding a 30% market share. By integrating the Multibanco payment method with Mollie, you can offer your Portuguese customers a familiar and secure checkout experience. Customers receive unique payment details at checkout and complete the transaction through their preferred channel – be it their bank's online portal, an ATM, or a mobile app. It's a reliable way to accept Multibanco payments and expand your reach in the Portuguese market.
Pricing
Multibanco
2.10% + €0.35
.
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How does Multibanco work?
Multibanco offers a hassle-free payment experience. Customers select Multibanco at checkout, receive unique payment details, and complete the transaction through their preferred channel – be it their bank's online portal, an ATM, or a mobile app. It's secure, simple, and reliable.
How do I activate Multibanco?
Already a customer?
If you are a Mollie customer, you can simply add Multibanco in your Dashboard.
Not a customer?
If you’re not an existing customer yet, get started and add it in your Dashboard during the sign-up journey.
What is Multibanco payments?
Multibanco is a widely used payment system in Portugal, allowing customers to pay for online purchases offline. When a customer chooses Multibanco payment online, they receive a reference number and an entity code. They then use these details to pay at an ATM, home banking, or a Multibanco machine. This offers a familiar and secure way for Portuguese customers to complete transactions, making Multibanco payment processing straightforward for your business.
Is Multibanco the same as MB Way?
No, Multibanco and MB Way are not the same, though both are popular payment methods in Portugal. Multibanco is an ATM-based reference payment system, where customers pay offline using generated codes. MB Way, on the other hand, is a mobile app that allows instant payments, transfers, and ATM withdrawals via a smartphone. While both are essential for the Portuguese market, they offer different payment experiences. If you're selling in Portugal, it's wise to accept MB Way alongside Multibanco to cover all bases.
What integrations do you support for this method?
€69.99
Sneaker laces
Sneaker laces
23/09/2022 17:29
€69.99
Paid
Consumer name
T. Otter
Are you already a Mollie customer?
Simply activate the new payment method in your Dashboard.