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Portugal

Euro (EUR)

Cash, debit cards, and bank transfers are the top payment methods of choice for people in Portugal. Mobile payment apps and e-money are also used for everyday purchases and P2P transfers, most commonly among those aged 18-40. Many opt for mobile payment options to avoid carrying cash or physical wallets, and digital wallets are popular for online consumers as they do not require personal information to be shared.

Show all payment methods

Population

10,325,147

Banked Population:

92.65%

Main industries

Cars & Car Parts, Computer Software, Pharmaceutical Products, Information Technology, Biotechnology, and Aerospace Technology

Main imports

Cars, Crude Petroleum, Petroleum Gas, Motor Vehicles (parts & accessories), and Packaged Medicaments

Main exports

Cars, Motor Vehicles (parts & accessories), Refined Petroleum, Leather Footwear, and Packaged Medicaments

GDP stats

$24,567.5

Per capita (USD)

5.5%

Growth annually

46

World ranking

Internet usage

82%

Smartphone usage

68%

Credit/debit card usage

38.54%

Total volume of digital payments projected to reach

$11.30B (USD)

Payment Methods in Portugal

Payment Method

All

All Methods
Cash
ONLINE
Voucher

PagaAqui

Cash

Multibanco

Online

VOUCHER