We all know that today gamers can use a wast array of different payment methods at online casinos. Some are international, but some work perfectly well on a regional basis. Multibanco is one of those country-specific financial solutions.
Multibanco is one of the most popular banking methods for online and offline shopping in Portugal. This is a domestic payment solution and an ATM and debit card network. It allows clients to make payments using various internet banking services or their widely-used ATMs. Multibanco cooperates with more than 160 most respectful banks and financial institutions in Portugal. As a result, this payment processor is accessible to the maximum number of users in the country.
Multibanco simplifies the lives of people by making many financial transactions easy and fast. The company offers multiple advantages. Some of them include cash withdrawals, bank transfers, the network of ATMs, and automated POS, allowing customers to carry out 60+ financial operations.
However, the MB Net platform launched in 2009 marked the beginning of Multibanco’s success in the online casino industry. First virtual cards allowing players to make safe and anonymous online transactions quickly became a hit. In 2015, MB Way mobile service “joined forces” with MB Net, and online gamers got a convenient payment method they can use for deposits and withdrawals.
With Multibanco, transactions are safe and secure as no card or banking information needs to be shared when making online payments. As we all know, this is one of the most important benefits for online casino gaming, as most players prefer not to reveal sensitive data. Furthermore, Multibanco can be connected to almost any bank in Portugal and is licensed for use in the EU. To conclude, as one of Portugal’s most popular payment systems, you won’t have much trouble finding Multibanco online casinos in Portugal.
Multibanco is a Portugal-based payment service open to players with accounts at one of the Portuguese banks. Hence, the number of online casinos accepting Multibanco is limited to those who accept players from Portugal. Still, since the payment method can also be used in the EU, many online casinos gladly offer Multibanco for both deposits and withdrawals.
Some eminent online casino providers that offer this banking method include PlayOJO, Karamba, and Omni. Casino Bloke’s team of experienced iGamers brings a list comprising the best Multibanco online casinos to help you make a perfect choice.
First time depositors only. Min. deposit €10. Maximum amount of Free Spins is 50. No wagering. Game: Book of Dead - Spin Value: €0.10 per spin. Excluding new players in Northern Ireland. OJO's Reward and Game Play Policy Applies.
When claiming a deposit bonus, your qualifying deposited money + bonus amount are put into a Bonus Balance. The qualifying share of deposit and the bonus amount must be wagered 20 times before the bonus or associated winnings can be withdrawn or transferred. For customers in Finland, the qualifying share of deposit and the bonus amount must be wagered 30 times. If you forfeit your bonus, the bonus balance is forfeited and any remaining deposited money within the bonus balance will be credited to your account. Maximum stake allowed per game round when you are betting with bonus funds, is €5 or currency equivalent. Should you bet more than this maximum stake per game round, you agree that your bonus and any associated winnings may be void. Maximum winnings from wagers made with this particular bonus are limited to €5,000. Unless otherwise stated, General Terms for Casino Bonuses apply for this bonus.
Free spins may not be available in all countries and are automatically credited to players residing in eligible countries upon registration. Registration Free Spins and/or bonuses have a maximum cash-out of $100.00. To receive Free Spins & Match Bonus deposit offers, players must deposit a minimum of $25.00 and select "with bonus" during the funding process. Bonus Terms & website Terms & Conditions apply.
You may claim only one (1) bonus per promotional offer. Your account must be less than $/€ 5.00 before claiming another bonus and may not have a pending withdrawal. Unless stated otherwise within a promotional offer, welcome bonuses are subject to a minimum wagering requirement of 25X (Bonus + Deposit) amount before you are granted the right to withdraw, play on restricted games or elevating your wagering. Bonus credits are for wagering purposes only and will be deducted upon withdrawal. A maximum wager of $/€ 6 per slot machine spin is enforced until you meet the wagering requirements stated herein or specific to the bonus which you have claimed. Winnings gained with wagers of more than $/€ 6 per slot spin will be voided. The Casino reserves the right to withhold any winnings or bonus amounts from a player's withdrawal if ANY restricted games are wagered upon before the wagering requirement(s) is completed in full and/or for breaching any of the terms of this bonus.
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Multibanco is a Portuguese interbank network, run by SIBS (Sociedade Interbancária de Serviços S.A.). The service offers multiple payment services, including internet banking and a wide range of ATMs across the country. As a service supported by the most respectful banks and financial institutions in the country, Multibanco is very popular in Portugal. Multibanko ATM was the first project developed and launched by SIBS. It started operating on September 2, 1985. At that time, the system had only 12 terminals in Porto and Lisbon. Despite humble beginnings, 35+ years later, Multibanco is the leading financial brand in Portugal.
The Multibanko Network is now one of the most respectful companies, developing the most advanced Fintech solutions. Their ATMs enable far more options than standard machines. The company says their ATMs facilitates more than 60 pioneering services such as buying public transport tickets, paying utility bills, taxes, event tickets, passes, top-up mobile phone balance, and many more.
A crucial year for the online casino market was 2009 when the company launched the MB Net platform. The service enabled individuals to make virtual credit cards to use for all sorts of online transactions. These cards allowed gamers to make online deposits without revealing bank card details, and they were free to open and use.
Then, in 2015, the service offered MB Way, a digital wallet that simplifies mobile payments. As the company says, this is a Multibanco on your mobile phone that integrates MB Net. MB Way allows clients to withdraw money from Multibanko Cashier, use bank cards, and do all sorts of online and in-store shopping wherever there is an MB Way QR code at the terminal. Clients can also use this mobile service to receive and send money and even split bills with friends. MB Way now has almost 3 million users in the country. The application is available on both Google Play and Apple Store.
Multibanco is one of the most robust financial institutions in Portugal. Its network of ATMs has processed over 700 million transactions and almost 40 billion Euros. Simultaneously, the number of Multibanco’s Automatic Payment Terminals has grown up to nearly 400,000. Furthermore, Multibanco operates around 12,000 ATMs throughout the country and has issued over 20 million bank cards.
Before you deposit money to your casino balance, you need to have your Multibanco MB Way account and download a dedicated app. The process is straightforward. Enter your Multibanco card details and set up your 6-digit PIN. You will receive an SMS with an activation code, enter your email and check it for another verification code. Enter the code, and you’ve set up the account.
Since MB Net service is available with MB Way, you can directly create virtual cards from the app. As a trustworthy company, Multibanco works with world-leading brands such as American Express, Mastercard, and Visa. Pay attention that these virtual cards are valid for one month to a year. You also need to set up the maximum value of the card (minimum is €5). This is an excellent way to prevent spending more than you have. And finally, your bank has to accept your virtual card and allow you to use it for online transactions.
Now, it’s time to visit the online casino banking page. Select Multibanco as your banking method and specify the deposit amount. Enter bank card details, including CVV, number, and expiration date. You may receive a unique entity and payment reference number to confirm the transaction. In most casinos, the minimum deposit amount is €10.
As an innovative payment technology, which ATMs offer various services, Multibanco also allows you to make card transactions and make deposits through the ATM using the new generation of card technology.
One of the advantages Multibanco offers to online casino gamers is the possibility to withdraw their winnings. The process is the same as when you make a deposit. But, be aware that not all online casinos allow withdrawals with Multibanco, so before you deposit, please check the banking page and terms and conditions.
At some online casinos, Multibanco facilitates online transactions, including cashing out your online casino winnings. So, if you’ve selected an online casino that offers Multibanco as a withdrawal method, you won’t have any issues transferring the money to your cards or bank account. The process is simple: visit the payment page, select Mutlibanco, enter the amount you want to cash out from the online casino balance, and submit the request.
However, some online casino providers don’t allow Multibanco withdrawals, so you will need to find an alternative solution.
Multibanco deposits are processed and confirmed in a blink of an eye, meaning you can immediately claim any bonus you find attractive and start playing in minutes. On the other hand, Multibanco withdrawal processing time may vary from one casino operator to another. Every casino has its defined pending period, so we advise you to check the casino’s payment policy and terms and conditions. However, it’s not that rare to see Multibanco withdrawals processed instantly. However, in most cases, you’ll need to wait up to several banking days to see the money in your account.
Multibanco doesn’t charge anything for using its services. Furthermore, online casinos don’t apply any fees for deposits and withdrawals with Multibanco. As a result, this is a genuinely cost-effective and easy-to-use payment method. But, as the system is connected to banks and banks tend to have some administrative charges, we advise you to visit your bank and ask.
Multibanco has an online form you can fill in and submit if you have any questions regarding the company’s services. If you desire to speak to a real person, general contact for international calls is (00 351) 217 813 000. In case you lose your card, call (00 351) 217 918 780 from abroad or 217 918 780 from Portugal. The numbers are opened 24 hours a day. For questions related to MB Way, call 217 918 725. Help agents answer Monday-Friday, from 08 AM to 06 PM. Furthermore, you can find answers to several common questions on the website’s FAQ page.
If you live in Portugal, you must have used at least one Multibanco ATM or one of the numerous Multibanco services. Multibanco is one of the most respectful financial institutions with 35+ years of experience cooperating with all the major Portuguese banks. The benefits of using Multibanco for topping up your online casino balance are significant. Firstly, the service is secure, anonymous, and enables several ways to fund your casino account. Secondly, transactions are fast, and you can withdraw the money from the casino either instantly or very fast. And finally, the service is entirely free.
Deposits with Multibanko are lightning-fast. You won't wait long before you can claim any bonus you wish and pick your favorite game.
Multibanco offers MB Way mobile service you can use after downloading a dedicated app. The app also supports MB Net that allows you to create virtual cards for all sorts of online transactions. So, you can use online banking, virtual cards, or deposit and withdraw funds from one of Multibanco ATMs.
One of the main benefits of Multibanco is that the service has no fees for its users. Also, online casinos don't add any additional costs, so this payment solution is cost-effective.
Some online casinos allow withdrawals with Multibanco. If this is the case, Multibanco will act as a two-way payment processor that allows easy withdrawals of the winnings from your online casino balance. But, not all casinos offer this service. Always open a banking page to make sure Multibanco is listed within withdrawal methods or look for alternatives.
As a Portugal-based financial system, Multibanco's preferred currency is EUR, and it accepts payment only in this currency.
Absolutely. Multibanco is a Level 1 PCI DSS certified payment service. However, in case you lose your card, call 808 201 251 or 217 918 780. You need to provide the lost card number (NIB) or the current account number connected to the stolen card. This service is available 24h.