Payment methods in Portugal

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Member since 30 May 2013

PriscillaViP21 August 2019 07:47:25

42358

Hello everyone,

Once youre settled in Portugal, you will need to make some basic purchases, like groceries or pay bills. Hence, it is essential to know the payment methods available in your host country.

Which are the most common payment methods in Portugal? Why would you prefer some forms over others?

Does the amount of money or the type of paid services (groceries, bills, rent, etc.) determine the choice of payment methods?

Are there any apps at your disposal which make the payment process easier in Portugal?

Can certain foreign currencies be used to make payments?

Have your habits in terms of payment methods changed since moving to Portugal?

Thanks for sharing your experience,

Priscilla

paulopereirra ViP

Member since 11 November 2011

paulopereirraViP21 August 2019 08:22:39

1322

From revolut, paypal to bitcoin and others e-wallets.
Its all up to the retailler where you acquire products/services tu acept what payment you have.
In portugal the use of the ATM network [ and its extented portfolio of services embedded ] is widely used.
https://www.portugalist.com/portugal-atms-guide/

cougary45 Member

Member since 11 January 2016

cougary45Member28 August 2019 12:25:40

Payment methods are pretty normal in Portugal. A lot of banks and companies like utilities or internet providers use direct debit. One can use cash, credit card or debit card for most purchases. Personally, I use my debit/ATM card for most everything. One can also pay bills or make transfers on MultiBanco (MB) machines. I believe most all banks have online platforms for making payments as well.

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