This same consumer adaptation has also meant that banking and payment options have shifted to digital payment systems that work intuitively on mobile phones. Companies that were once revolutionary, such as PayPal, now have local competitors that do the same job and that people are more familiar with.
The truth is that there are many options for paying by mobile phone, without the need to enter debit or credit card details, and even, in physical stores, paying using your mobile phone without taking your card out of your pocket.
What can I pay for with PayPal?
Most online merchants have PayPal as an option, bahamas telemarketing those that don't offer other electronic payment methods such as Multibanco.
But the truth is that big tech, PayPal, is still the leader in Portugal in terms of trust and availability. It is one of the most reliable payment methods and is widely used due to its immediate nature.
PayPal is used to make conventional online purchases, but also to buy services such as Spotify, Netflix and even more exclusive entertainment, such as playing at PayPal casinos . The biggest value that PayPal offers is the possibility of making international transactions and the possibility of linking your debit card, credit card and even your bank account.
Multibanco: the most used local payment
Multibanco works very efficiently, mainly because it is supported by all licensed banks in Portugal.
However, this means that it works perfectly well for local transactions, but in the case of purchasing other services or products abroad or in the rest of the European Union, MB may not be the best option.
Multibanco connects directly to your bank account and/or debit card, so there is no need to enter any sensitive data.
