Which online payment methods to accept in Portugal?

In Portugal the top three online payment methods consists of MultiBanco, creditcards (MasterCard and VISA) and PayPal.

In addition, online bank transfers still represent 10%-15% of all online payments.

MultiBanco allows the shopper to pay through an online bank transfer or through a cash payment at one of the 11,000+ Multibanco ATM locations in Portugal. MB way, the mobile payment app by MultiBanco, gains more and more traction. It can be used for both mobile and desktop purchases.

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E-commerce Market Profile

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?
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euro (EUR)

Household Internet Access Rate

70% (2020)

Internet Country Code


B2C E-commerce Market Size

estimated 5.1 billion USD (2020)

Population (+ Global Rank)

10.3 million (2020) (#89)

Online Payment Methods

MultiBanco, MB way, MasterCard, VISA, PayPal, online bank transfers, American Express

Country GDP (+ Global Rank)

$314,100,000,000 (#55)

National E-commerce Association(s)


GDP per capita (+ Global rank)

$30,500 (#67)

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Online Payment Methods in Portugal

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