Portugal

mkt_pt
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Multibanco and MB WAY give Portugal a distinctive domestic payment ecosystem alongside international cards. SEPA banking adds euro account transfers and direct debits, serving approximately 10.8 million residents in 2025 in an economy whose GDP per capita was close to US$32,100.

Alpha-3:PRT
NUM:620
Population
11M
GDP
$347B
GDP per Capita
$32K
GDP Growth
1.9%
Deepdive

World Bank, World Development Indicators (WDI), 2025

Cash in Portugal

Cash covered 54% of Portuguese point-of-sale transactions in 2024, down from 2022. Multibanco and MB WAY give shoppers domestic alternatives to using banknotes, but the growth of mobile payments has not displaced cash from purchases.

ATMs (PER 100K)
156.6
BANKS (PER 100K)
27.1
DEBIT CARDS (PER ADULT)
2.7
CREDIT CARDS (PER ADULT)
1.0
Compare

IMF, Financial Access Survey (FAS), 2025

Payment Methods

Estimated Monthly Usage, Aurato Research, October 2026

Schemes

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Systems

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PSPs

Compliance

Standards