multibanco_eur
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.
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.
Payment Method type
Users can use the below payment method type to create a transaction using Multibanco in the available geography
- Portugal:
multibanco_eur
Functionality
| Functionality | Yes/No | Description |
|---|---|---|
| Refund Support | ||
| Full Refund | ❌ | |
| Partial Refund | ❌ | |
| Generally Available | ❌ | Requires onboarding approval which takes about 7-10 days. |
| Dispute and Chargebacks | ✅ |
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.
User Experience
Redirect Experience
For more details, please click here.
Updated 5 months ago