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A widely used payment method in Portugal. It’s a network that allows customers to make various financial transactions through ATMs, bank branches, and online banking.

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How It Works

  • When making a payment, the customer receives a unique reference number and an entity number.
  • They can then make the payment at an ATM using their debit card and entering the provided numbers.
  • Alternatively, they can pay at a bank branch or through their online banking platform.

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Payment Method type

Users can use the below payment method type to create a transaction using Multibanco in the available geography
  • Portugal: multibanco_eur

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Functionality

FunctionalityYes/NoDescription
Refund Support
Full Refund❌
Partial Refund❌
Generally Available❌Requires onboarding approval which takes about 7-10 days.
Dispute and Chargebacks✅

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Limits and Expiration

The following is the upper and lower limits for Multibanco transactions:
  • Minimum Limit: USD 1
  • Maximum Limit: USD 15000
The default expiration for a transaction is 7 days.

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User Experience

Redirect Experience For more details, please click here.