WALLETTO Expands Its Payment Offering in Portugal



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WALLETTO Expands Its Payment Offering in Portugal

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September 2026/EliteXPress/ – WALLETTO is expanding its payment offering with MB WAY, one of the leading payment methods in Portugal, developed by SIBS. Through WALLETTO, merchants can now offer MB WAY alongside Visa, Mastercard, and other payment options, giving businesses another way to meet the payment preferences of Portuguese customers.

With more than 6.5 million users, over 70 million transactions per month, MB WAY has a strong presence in the Portuguese payments market. By making this local payment method available through WALLETTO, merchants can provide customers in Portugal with a payment experience they already know and trust.

Bringing a leading Portuguese payment method to WALLETTO merchants

For businesses operating in or expanding into Portugal, offering the right local payment methods can be an important part of the checkout experience. MB WAY gives WALLETTO merchants access to a payment solution specifically designed for the Portuguese market and widely used by local consumers for everyday purchases.

“Portugal is an important and growing market, and we are seeing clear demand from our customers for strong local payment methods like MB WAY. For us, this is also about how we want to grow as a business: listening to our customers, moving quickly and continuously expanding our payment offering. We are ambitious about where WALLETTO can go next, and we are ready to keep developing, entering new markets and bringing our merchants the solutions they need to grow,” says Staņislavs Rimša, Deputy Head of Acquiring Devision at WALLETTO

For online purchases, the process is simple: customers select MB WAY at checkout, enter their mobile number and confirm the payment directly in the MB WAY app. They do not need to enter their card details during checkout, making the payment process quick and convenient.

What does MB WAY through WALLETTO bring to merchants?

Better access to Portuguese customers

Through WALLETTO, merchants can offer a locally recognised and trusted payment method created specifically for the Portuguese market. With support from over 95% of Portuguese banks, MB WAY gives businesses another way to address the payment preferences of clients in Portugal.

A smoother checkout experience

MB WAY makes online payments straightforward. Instead of entering card details, clients use their mobile number and confirm the purchase directly in the MB WAY app. For WALLETTO merchants, this means being able to provide an additional quick and convenient checkout option to their clients.

Potential for higher conversion

Payment preferences can influence whether clients complete a purchase. By enabling MB WAY through WALLETTO, merchants can offer Portuguese shoppers a familiar alternative to traditional card checkout, helping reduce payment friction and potentially improve conversion.

Ready to explore how MB WAY and WALLETTO can strengthen your payment offering in Portugal? Visit WALLETTO website

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