Latest news and stories about mb way in Portugal for expats and residents.
SIBS announced today that it will be possible to make MB Way transfers to 13 European countries by the end of the year and that by 2027 it will allow purchases in physical and online stores in those countries.
Receiving money 'by mistake' via MB Way may seem harmless, but it could be making the targets unwitting accomplices in a money laundering scheme.
Sibs, owner of the Multibanco network and MB Way, announced this Monday the appointment of João Mello Franco as CEO of the payments company. The confirmation of this appointment marks the beginning of “a new management cycle at a time when the European payments ecosystem is facing a profound transformation,” it states.
Criminal activity has intensified in recent months, with a particular focus on the municipalities of Leiria, Marinha Grande, Figueira da Foz, and Coimbra.
The analysis covers in-store purchases made with Portuguese cards on the Multibanco network and online payments with Portuguese cards, including MB WAY transactions.
