Best Multibanco casinos in 2024

Our readers from Portugal will agree that Multibanco is the most popular payment system in the country. It has been operational ever since 1985, however, the digital version of the payment that allows online transactions has been online since 2000. Even though it wasn’t designed with online gaming in mind, the transaction speed, strict security, and lack of fees made Multi banco appealing to players. Offering multiple payment services like MB Way, MB Net, or MB Phone, and a versatile mobile app, Multibanco continues to grow in popularity. If you’re not sure where you can play using Multibanco, we’ve prepared a list with the top casinos in Portugal accepting this method.

Rating
Min. Deposit
Bonus
ribbon-with-numbering 2
MIN. DEPOSIT
€25
exclusive-offer-tag Exclusive exclusive-offer-tag
ribbon-with-numbering 4
MIN. DEPOSIT
$25
code Not Required
ribbon-with-numbering 5
MIN. DEPOSIT
€20
code Not Required

Is Multibanco the go-to casino payment option for Portugal?

  With more than 30 years since it was established in Portugal, there’s no denying that Multibanco is the top payment method in the country. So, whenever Portuguese players find it available, they don’t think it twice to register at casinos com Multibanco. The total number of transactions using Multibanco was over 900 million in 2014, and 2019 the full value in 2019 for the same transactions was over €47,1 billion. So, we can safely conclude this is the go-to payment option for casino players. Next, let’s check out its advantages and disadvantages.

Advantages

  • Top security guaranteed by the Portuguese banking system
  • Funds are instantly added to your casino account through a seamless procedure
  • Offers multiple payment services from virtual credit cards, pay by phone, MB WAY, MB NET, and more, making your mobile gaming experience an exceptional one
  • Multibanco Portugal also offers ewallet and virtual credit card services for casino players
  • It can be used to move funds from one bank account to another
  • Using Multibanco home banking comes with no added costs when depositing at online casinos

Disadvantages

Of course, the main disadvantage of pagamento Multibanco is the inability to use it for withdrawals. The players would have to turn to alternative payment methods to cash out their winnings. In order to gain access to Multibanco services, it’s mandatory to hold a Portuguese bank account and debit or credit card. Moreover, besides the casinos that accept Portuguese players, you won’t find the payment option at many venues (this also happens because Portugal is a strictly regulated online gambling market).

How to use Multibanco for casino deposits

Multibanco can seem a bit complicated for a first-time user because it offers multiple payment services. However, the procedure isn’t at all complicated, and we’re going to explain the process. However, before we do that, let’s check the primary Multibanco services that can be used for online casino deposits and the banks associated with this payment option. For a casino to be able to offer Multibanco payments to its customers, it needs to have a local bank account and register as a partner with the payment service. Once this is done, all the Multibanco online payment services become available to players.

Multibanco home banking is available for the customers of 27 banks in Portugal. The most popular institutions are:

  • Banco Activo
  • Banco BIC Protugues
  • BPI
  • Milennium Bank
  • Banco Credibom
  • Banco CTT
  • Banco Carregosa
  • Santander
  • Caixa – Banco de Investimento
  • ING

Multibanco Payment Services for Online Casino Players

Out of the company’s numerous payment services, players that want to use it for online casino transactions will need two: the MB Way app and the MB NET service, which is integrated into the application.

How to Deposit via Multibanco’s MB WAY App

mbway logoMB Way is the mobile application offered by Multibanco, where users can associate their phone numbers with the bank cards and accounts. Paying at the top online casinos using the MB WAY app directly is a straightforward process as you will need your phone number and the confirmation code. Now, let’s check out the step-by-step procedure of depositing at an online casino using this app. Considering that you’ve already set up the app on your phone and linked your phone number, you need to:

  • Log into your casino account and access the cashier section ( you will sometimes find it under “My Account” as it’s the case for 1xBet or 1xSlots)
  • Click on the Multibanco logo in the list of available payment options
  • Insert the amount you wish to deposit, then click next
  • You will be redirected to the Multibanco page, where you will be asked for your phone number associated with the MB Way app
  • Once you insert the number, the app will display a message asking you to confirm the payment
  • After you confirm the transaction, you will also have to enter verification code on the computer ( this code is displayed on your app as well )
  • Your funds are instantly credited to your casino account

All Multibanco transactions come with NO FEES. So neither the payment method nor the casino should apply any charges on your transactions. If you notice any discrepancy between what you deposit and what gets funded on your account, it’s strictly deducted by the casino, and you should choose one with zero fees from our casino list – Betwinner, Melbet or Energy Casino are excellent examples.

The minimum deposit allowed through Multibanco is €10, while the maximum you can deposit in one go stands relatively low, at €1,000.

Depositing at Online Casinos with MB NET

Multibanco also offers you the possibility to deposit using their MB NET service. You’ll be depositing via a virtual debit card generated in the MB WAY app. So, to use this payment option, you start with the Multibanco login on your phone. Access MB NET and create a new virtual card or use the data from a previously-created one. Once you have the card details, head over to the cashier and insert them like you would with a physical debit card.

Fairspin Casino
RATING
7.9
/10
starstarstarstarstar
YEAR EST
2018
Ohmyzino Casino
RATING
7.5
/10
starstarstarstarstar
YEAR EST
2022
Powbet Casino
RATING
7.8
/10
starstarstarstarstar
YEAR EST
2021
exclusive-offer-tag
Supacasi Casino
RATING
7.9
/10
starstarstarstarstar
YEAR EST
2021

Are withdrawals with Multibanco available?

No registration iconUnfortunately, you won’t be able to request a withdrawal using Multibanco. Similar to Paysafecard, Multibanco is a deposit-only payment option. However, there are plenty of alternatives for casino players to take their funds out. For example, ewallets such as Skrill, Neteller, or PayPal are highly popular. Portuguese players quite often use PayPal via Multibanco transactions because the transfer time is slightly better compared to other ewallets. Also, if you deposit with MB, you can request a cashout using cryptocurrency since this alternative becomes more and more popular. Betwinner and Melbet casinos support cryptocurrency transactions if you want to give it a shot.

3-D Security protocol guarantees your Multibanco casino transactions

Safety-iconWhen using the MB NET service to deposit at an online casino, you’re guarded by the 3-D Security protocol. This is used by VISA, MasterCard, and American Express cards to ensure full protection for users. You will always need to confirm a transaction with a PIN code received via SMS so that you’re 100% safe. On top of that, the MB Way app and MB Net service are protected with the latest cybersecurity protocols, and the login procedure comes with 2FA and biometrical identification. Access to 1xBet and 1xSlots is also done via 2FA if you want to pair a secure payment option with a likewise casino.

 


FAQs

MB Way is a mobile app developed by Multibanco that enables users to make online transfers using their phone number. The phone number is attached to the bank cards and accounts introduced in the app, making transfers or online purchases a lot easier.

Multibanco doesn't incur extra costs when you use it to deposit or transfer funds to other accounts. However, your bank may apply a fee for handling your account, debit, or credit card, so better double-check the agreement with them.

Deposits made with Multibanco do not come with any limitations. So, as far as you're eligible to receive the welcome bonus, you will be able to enjoy it with no worries. Skrill and Neteller ewallets are the ones that usually come with limitations regarding welcome bonuses and Wazamba or Casinia are two casinos that apply this rule.

Multibanco support € only since it's a service dedicated to the Portuguese market. Portugal is a member of the EU and uses the € currency since the 1st of January 2002.

Unfortunately, Multibanco can only be used in Portugal. You need a Portuguese bank account and debit/credit card to access its services.

MB Phone is a service introduced by Multibanco back in 1996, and it allows users to perform all kinds of transactions through their mobile phones. All these actions are included in MB Phone - checking the balance, making the transfer, shopping and service payments, or requesting checks.

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