[severino]

I've been in Portugal sometimes, and to me MB was synonymous with "we accept credit cards", and in fact it is in the sense that you can pay using Visa or Mastercard in those shops. But, is it a standalone system that doesn't require anything outside Portugal in order to work? With their own non-Visa credit cards? And can you use them when abroad in the EU, for example?

[tiagod]

It's a standalone network. Most Portuguese cards are also VISA/Mastercard, but payment terminals may only have a contract with Multibanco, meaning only Portuguese cards are accepted. It's quite common for foreign cards not to be accepted.

[pjmlp]

Nope, it has nothing to do with credit cards, although it also accepts them.

It is majorly used for debit cards, and similar in use to the famous Minitel in France.

You can use it to load pre-pay phones, or other kinds of rechargeable services, buy tickets for public transport and various kinds of shows, pay water, electricity, taxes, among other services.

There is now an app used to pay on shops via QR codes.

You can also pay online with one time cards, that are generated for a single transaction.

Outside Portugal it is a regular debit card.

When you access Multibanco with foreign cards, you can only withdraw money usually.

[rkomorn]

I'm French and living in Portugal and I do not get the Minitel comparison. Minitel was basically a Telnet device to various services' servers.

That said, I love MB and MB Way. What an upgrade it's been over paying for stuff in the US (where I lived before moving to Portugal).