Market guide · Europe
Selling in Portugal
The Multibanco network shapes Portuguese payments, and MB WAY is now a standard option online. Multibanco payment references are still used by shoppers who prefer not to share card details.
| Currency | Euro (EUR) |
|---|---|
| Languages | Portuguese |
| Region | Europe |
| Local acquiring | Available |
| Settlement | T+1 |
| Payout rail | SEPA Instant · Seconds, 24/7 |
| Import consumption tax | VAT (IVA) · 23% |
Popular payment methods
Share of online payments by method. Illustrative figures.
| Visa, Mastercard, Amex | 40% (40% of online payments) |
|---|---|
| MB WAY | 35% (35% of online payments) |
| PayPal | 8% (8% of online payments) |
How to launch in Portugal
- 1Open a sandbox accountTest every flow for Portugal with test cards and methods before you sign anything.
- 2Turn on local methodsStart with MB WAY, PayPal.
- 3Process domesticallyDomestic processing in Portugal avoids cross-border fees and lifts approval rates.
- 4Settle in EURHold EUR and convert when you choose, or pay out locally.
- 5Show duty-inclusive pricesQuote VAT (IVA) and duties at checkout so nothing is due on delivery.
- 6Go liveVerify your business, switch your keys and watch the first orders arrive.
Duties and import tax
VAT (IVA) at 23% applies to most imported goods.
Thresholds: VAT due from the first euro; IOSS for goods up to EUR 150; Azores and Madeira have lower rates
Regulatory notes
- Strong customer authentication under the EU's revised Payment Services Directive applies to card payments.
- The autonomous regions of the Azores and Madeira apply their own VAT rates.
Placeholder notes for the prototype, not legal advice.
Customer story nearby
Northwind Outfitters
Retail & Ecommerce
+3.4 pts
card acceptance in Germany · Illustrative
We stopped guessing which fees would land on an order. Duty-inclusive prices took returns down with them.
Mara Lindqvist, Head of Ecommerce Read the story: Northwind Outfitters