MB payment reference is a Portuguese interbank network. It is the largest interbank network in Portugal. MB NET allows users to make payments through the Internet and it is set up for online shopping.
➡️ Key benefits of offering MB payment reference as a payment method are:
Flexibility: There is no need for the users to carry bank cards
Easy to use: Consumers experience a seamless and secure experience
Availability: MB payment reference is available in a wide range of countries
Get started quickly: There is no need for the merchant to have an account with MB payment reference
How it works
How it works
Steps:
At the online checkout, the customer selects MB payment reference as their preferred payment method, before filling in their details and clicking Generate reference:
A reference code is then generated, along with instructions on how the customer can pay - either at an ATM or via home banking (this reference code is also sent to the customer via email):
The customer can then use this reference code to complete the transaction on a Multibanco ATM or Portuguese Banking App.
➡️ Details
Merchant's account: Merchants do not need to have an account with MB payment reference
Payment method type: Asynchronous - payments are not confirmed immediately, it may take up to 24 hours to receive payment confirmation. You need to set up webhooks to get notified of asynchronous payments
Refunds: * Please note: this service is currently unavailable *
Recurring payments: Not yet supported
Pre-authorizations: Not yet supported
0% Cashback: Not supported
MOTO: Not supported
Cancellation: Supports cancellation
Disputes: Supported
DCC: Not supported
Surcharge: Not supported
Tipping: Not supported
Installments: Not supported
Tokenization: No
Restricted MCC: None
Μerchant countries: Austria, Belgium, Croatia, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal, Spain
Customer countries: Portugal
Pricing: Please refer to our pricing page under the main navigation for more information.
Settlement: All settlement takes place the next day for confirmed payments / successful transactions (i.e. have statusId = F)
Cross-currency payments: Not yet supported
➡️ How to activate MB payment reference
Activation of this payment method is instant. Once activated, merchants will immediately be able to accept payments via MB payment reference.
➡️ Activation process:
Merchants can only activate MB payment reference reference on their own from their Viva account interface.
Sign in to your Viva.com account
Click on Settings > API Access and scroll down to the Multibanco Reference (Payment Method) section.
Click on the Enable Multibanco Reference as a payment method button:
MB payment reference will be activated and a MULTIBANCO ID allocated to you
If you would like to deactivate MB payment reference, click on the Disable Multibanco Reference as a payment method button
➡️ Get Support
If you would like to integrate with Viva, or if you have any queries about our products and solutions, please see our Contact & Support page to see how we can help!