
Payment type |
Digital wallets |
---|---|
Channel | Online In person |
Register of Region | PT |
Support of Region | Portugal |
Settlement currency | EUR |
Payment Cost |
MB WAY is a well-known and widely used mobile payment system that has had a significant impact on the way transactions are conducted in Portugal. Developed by leading fintech company SIBS, MB WAY has revolutionized the traditional payment landscape by providing a seamless, efficient and secure platform for a wide range of financial transactions. MB WAY seamlessly integrates with banking services, allowing users to perform a wide range of transactions directly from their mobile devices.
MB WAY offers comprehensive features for convenient and fast payments. A key feature of MB WAY is the ability to link multiple bank accounts and bank cards to a single mobile app. This integration eliminates the need to carry physical cards or remember a large amount of account information, providing users with a simplified and organized way to manage their finances. By combining a variety of banking services into a single app, MB WAY optimizes the user experience, allowing users to easily navigate and use banking features.
Moreover, MB WAY’s versatility is not limited to peer-to-peer transactions. Users can use their mobile devices to pay at point-of-sale terminals in physical stores and online. The convenience of these transactions enhances the overall shopping experience, providing a convenient and efficient way to pay. In addition, MB WAY also supports online purchases, making it a comprehensive solution for both in-person and digital transactions.
Shopper proceeds to checkout
Shopper selects MB WAY among the payment methods available
Shopper enters contact information
After completing the checkout, shopper receives a notification with the request of payment
Shopper reviews the payment details and selects the card to use
Payment completed
If conditions permit, I like to use Apple Pay. In theory, NFC is the most secure. And you only need to press twice and touch Face ID. It is also very convenient online. Meituan, Didi and Duoduo all use this.
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