MB WAY is a mobile wallet offered by MULTIBANCO, the interbank payment network provider in Portugal.

It allows the customers of 21 participating banks (100% coverage in the Portuguese market) to transfer money, make online and offline purchases, save digitised payment cards in their wallet and generate virtual MB NET cards for online shopping. To pay online, customers select the MB WAY logo and enter their mobile phone number. They then validate the purchase on their device by entering their MB WAY PIN or TouchID.

To pay in physical stores, customers use QR code or NFC contactless functionality.

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Availability Available with PPRO
Type Wallet
Company behind LPM SIBS
Market share details 45% of Portuguese e-commerce transactions

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