Latest news and stories about payments in Portugal for expats and residents.
Covered by these agreements are the standards of the European Card Payment Cooperation (ECPC), which includes SIBS MB, Nexo Standards, and the Berlin Group.
SIBS revealed this Thursday 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. At an event in Lisbon, SIBS administrator Teresa Mesquita, Bancomat administrator Massimo Itta and the...
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.
He noted that, among its advantages, it would be a means of payment and would not bear interest.
