Multibanco is one of the most used payment methods in Portugal. It currently processes 60 million transactions every month, and it works both as a virtual credit card and an e-wallet. Its history of success goes way back to 1985 when many Portuguese banks by the name of SIBS opened the service’s first ATMs in Lisbon. One of its most unique factors is its MB Net platform which started back in 2009. It’s used mainly by gamblers who deposit at their favorite Multibanco casinos.
Depositing at Multibanco casinos is done very quickly, and it doesn’t take a lot of effort to use the method for topping up your casino balance.
First, you have to create an account at the MB Net platform by following the process from the method’s website.
Then you have to put in all necessary info in order to create your virtual card, which can be used multiple times or a single time. The Multibanco virtual cards are valid for up to 12 months, and they’re issued as Mastercard, American Express, or Visa.
Once you do that, you must register your card at your bank’s website or at an ATM.
After that, go to your casino’s Cashier page and pick Multibanco or your virtual card’s brand.
You’ll find yourself being redirected to your Multibanco account to put in the amount you want to deposit. Then confirm the transaction.
You’re good to go now!
Thankfully withdrawing at Multibanco casinos is available, too, so you don’t have to fuss around and pick another method for cashing out. The process is similar to that of depositing with the service. Simply pick the brand of your card or Multibanco from the payment methods and enter all of the info to confirm the transaction.
Note that withdrawing can take up to a couple of working days for it to be processed appropriately.
Nonetheless, using Multibanco is a breeze compared to most payment methods out there.