{"id":14861,"date":"2026-02-03T14:06:09","date_gmt":"2026-02-03T13:06:09","guid":{"rendered":"https:\/\/paynopain.com\/?p=14861"},"modified":"2026-02-03T14:06:25","modified_gmt":"2026-02-03T13:06:25","slug":"payment-methods-portugal-2025-trends-and-consumer-habits","status":"publish","type":"post","link":"https:\/\/paynopain.com\/en\/blog\/payment-methods-portugal-2025-trends-and-consumer-habits\/","title":{"rendered":"Payment methods in Portugal in 2025: trends and consumer habits"},"content":{"rendered":"

The evolution of payment methods is a direct consequence of the digital transformation reshaping global commerce and user preferences. Adapting to each country\u2019s local needs has become essential to deliver an effective experience.<\/span><\/p>\n

In this article, we explain the <\/span>payment trends in Portugal<\/b>, as well as the systems that operate exclusively in the Portuguese market, and how you can adapt your payment strategy to boost your business in Portugal.<\/span><\/p>\n

<\/span>The evolution of payment methods in Portugal<\/b><\/span><\/h2>\n

The payment culture in Portugal has evolved steadily in recent years, driven by digitalisation, changes in consumption habits, and the adoption of new technologies. Today, traditional methods such as cash are still present but share the stage with increasingly widespread digital solutions.<\/span><\/p>\n

The growth of e-commerce has been one of the main drivers of this transformation. According to Statista, the sector is expected to reach <\/span>revenues of around \u20ac5.1 billion<\/b> in 2025, with an annual growth rate of 5% until 2030 and a market penetration exceeding 53% of the population \u2014 reflecting a rapidly expanding digital market and a clear evolution in the country\u2019s payment habits.<\/span><\/p>\n

MB WAY, the preferred payment method among the Portuguese<\/b><\/h3>\n

Consumers in Portugal largely rely on their local payment method to make most of their transactions. MB Way emerged more than a decade ago as a mobile extension of Multibanco, allowing users to make instant payments without the need for a physical card. A combination of convenience, user trust, and local technology has made MB Way the preferred payment method for over 6 million users.<\/span><\/p>\n

Card payments, a key pillar<\/b><\/h3>\n

Card usage remains one of the main pillars for accepting payments in both physical stores and e-commerce. Moreover, the trend toward <\/span>contactless transactions<\/b> continues to rise. According to the <\/span>Bank of Portugal\u2019s Payment Systems Report,<\/b><\/a> by the end of last year, 91% of issued cards and 93% of POS terminals were enabled for contactless transactions.<\/span><\/p>\n

\u201cBuy now, pay later\u201d starts to take off in Portugal<\/b><\/h3>\n

Driven by the arrival of European payment solutions and new fintech proposals, the \u201c<\/span>Buy Now, Pay Later<\/b>\u201d model is beginning to gain more visibility in the Portuguese market. Although it currently represents only a small portion of the market, forecasts suggest strong growth in the coming years. This increase will be especially noticeable among <\/span>young adults<\/b> with lower purchasing power, who use it to finance smaller purchases in sectors such as <\/span>fashion<\/b> or <\/span>technology<\/b>.<\/span><\/p>\n

Growing adoption of international wallets<\/b><\/h3>\n

The adoption of international digital wallets, such as <\/span>Apple Pay<\/b><\/a> and <\/span>Google Pay<\/b><\/a>, has grown steadily in Portugal in recent years. More and more consumers are using their mobile phones to pay in stores, driven by convenience and the ability <\/span>to make cross-border<\/b> payments. This makes them an attractive option for Portuguese users shopping on <\/span>global platforms<\/b>. Their adoption reflects a growing openness to external technological solutions and a shift in online consumption habits.<\/span><\/p>\n

SEPA transfers<\/b><\/h3>\n

Although they are not the preferred payment method among Portuguese consumers, SEPA transfers are a fundamental payment tool for businesses and cross-border payments within the Eurozone.<\/span><\/p>\n

<\/span>What are the most popular payment methods in Portugal?<\/b><\/span><\/h2>\n

Although cards still dominate globally, Portugal\u2019s payment landscape is more diversified, leaving room for other innovative payment solutions.<\/span><\/p>\n