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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.

Portugal flag

Population

10,325,147

Banked Population:

92.65%

Group 427321246

Main industries

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

Group 427321247

Main imports

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

Group 427321248

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%

Group 427321245 1

Total volume of digital payments projected to reach

$11.30B (USD)

Payment Methods in Portugal

All
  • All Methods
  • Cash
  • ONLINE
  • Voucher

PagaAqui

Cash

Multibanco

Online

VOUCHER

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