Payment systems

Text: Chris Graeme; Photo: Web Summit The opening to the 10th Web Summit in Lisbon on Monday evening was a homage to the success of startups all over the world, but it was also a warning that [...]

At the same time that Portugal’s ground-breaking Multibanco ATM system celebrates its 40th anniversary, the new network of cash and payment machines will now use AI. Developed by the payments [...]

Portugal’s SIBS payment systems MB Way which allows transfers from one account to another via a mobile app, has forged two new partnerships. After Spain and Italy, MB Way will now allow money [...]

The use of banknotes has fallen in comparison to electronic and digital payment systems and applications and cards in Portugal, but nevertheless cash continues to dominate, present in half of all [...]

Portugal’s Brisa Group is to buy a 25% share of tolls and mobile charging services company Ascendi, effectively giving it a 100% control of the company and of the Via Verde payment system. The [...]

Portuguese digital payments company SIBS says that a digital euro could pave the way for a European MB Way style service. It would result from the cooperation and connection of various payment [...]