Find below the key stats for the Portugese ecommerce market.
Here you can find the most popular online payment methods in Portugal.
Would you like to know which Payment Service Providers can help you to accept payments online?
Start with a selection of Payment Service Providers in Portugal.
estimated 5.1 billion USD (2020)
10.3 million (2020) (#89)
MultiBanco, MB way, MasterCard, VISA, PayPal, online bank transfers, American Express
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Amazon Pay is an online payment service owned by Amazon that lets shoppers use their amazon.com account to make online purchases. With Amazon Pay, shoppers can make purchases using credit or debit cards stored in their digital wallet. The acceptance of Amazon Pay can lead to an improved payment acceptance rate, lower cart abandonment, and increased conversions as Amazon Pay shoppers can pay for products and services without creating new accounts or leaving a merchant’s site.
American Express is a credit or charge card that can be used for online payments. American Express is amongst the major credit card brands in the world.
MultiBanco NET is the brand name for the Portugese online payment method which relies on the creation of virtual credit cards used for internet payments. The virtual credit card is issued by an American Express, MasterCard or Visa issuer and depends on the consumer's bank relationship.
The Apple Pay payment service allows consumers to pay contactless, in-app and on desktop through the newest Apple Macbook and iMac's. Consumers are able to securely store credit and debit card details into their Apple Pay wallet and confirm payment by simply scanning their fingerprint with Apple's Touch ID or by using Face ID.
MB WAY is the MULTIBANCO solution that allows consumers to make purchases online and in physical stores, generate MB NET virtual cards, send, ask for money and split the account and still use and withdraw money through a smartphone, in the MB WAY app or in the bank-app
A bank transfer is an offline or online initiated transfer of funds from the shopper's bank account to the merchant's bank account. It can be used by any online shopper with a bank account. Merchants have to wait for the shopper to take action, completes payment and for the funds to arrive in their bank account before delivery of service or product can take place.
Over 26.369 online businesses used our platform since we started ABOUT-PAYMENTS.com back in 2012. Due to the growing number of Payment Service Providers and gateways worldwide, it has become difficult for you as a merchant, business or developer to choose the right one to process your payments. ABOUT-PAYMENTS.com simplifies this selection process considerably and makes life easier.
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