MB WAY
Shop, send, receive or withdraw money with your mobile number.
MB WAY. Simplify your financial day to day
MB WAY is a fast and secure way to make transfers, pay for purchases and withdraw cash without a card. Just link your novobanco bank cards to your mobile number and start using the different features.
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Sendmoney
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Requestmoney
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Pay
with MB WAY
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Split
the bill
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Use
Multibanco
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How to sign up for MB WAY features?
You can now sign up for MB WAY features directly on the novobanco App, bringing everything you need to manage your day to day finances into one place.
This option gives you a set of advantages:
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All-in-one App
Access all your banking and MB WAY features in the same place, without switching between apps
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No extra costs*
Customers with a packaged account at novobanco can make MB WAY transfers completely free through the novobanco App
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Security and convenience
Use bank authentication on the App to approve transactions
*From 24 July, MB WAY transfers made through the SIBS MB WAY App will remain free for all accounts, as long as each transfer is below €30 and, within the same month, you do not exceed 25 transfers or €150 transferred. Otherwise, a 0.2% fee will be charged on the amount you transfer.
MB WAY transfers made through the novobanco App will remain free on packaged accounts.
If you prefer, you can continue to use the MB WAY App, taking into account the changes to the conditions of use mentioned above.
How to activate MB WAY?
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On the MB WAY App
Sign up on novobanco Online (Everyday Banking | Cards | MB WAY) or at an ATM.
Then download and install MB WAY on your smartphone or tablet. Activate the service by entering the code you received by SMS on the MB WAY App.
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How it works
Install the MB WAY app on your smartphone or tablet and follow the instructions to complete the sign-up process and link your novobanco card.
To complete the linking process, you will be redirected to the novobanco app to confirm that you are the cardholder, making the process more secure.
Make sure you have the latest version of the novobanco app installed.
Customers without access to the novobanco app, or cardholders whose cards do not allow such access, can continue to link their cards to MB WAY at ATMs.
How it works?
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PurchasesIn shops. Using QR Code or NFC.
1. The QR Code is shown on the payment terminal screen;
2. Point your camera at the QR Code and, if the payment is authorised, the terminal prints a payment receipt.
3. To pay with NFC, tap your phone on the payment terminal.
In online stores (using your mobile number)
- Select MB WAY as the payment option.
- Enter your mobile number.
- Accept the request on your app.
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Transfers1. On the MB WAY App, select transfers;
2. Enter the recipient’s mobile number, select the card you want to use and the amount to send;
3. Confirm the transaction with your MB WAY PIN.
Both people must be signed up to MB WAY. If the recipient is not, they receive a pending transfer notification and an invitation to sign up.
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Withdrawals1. Select the card and the withdrawal amount;
2. Confirm the transaction with your MB WAY PIN;
3. MB WAY generates a 10 digit code that lets you withdraw cash at any Multibanco ATM.
Transfer limits
When sending money through MB WAY, take into account the limits set for transfers.
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You can send and receive:- up to €2,000 per transfer
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You can receive:up to 50 transfers per month
up to a total of €5,000 per month
Benefits
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Simple and fastAll you need is your mobile number to pay, send money and withdraw cash
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ConvenientIt uses your novobanco cards
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SecureAll transactions are approved with your MB WAY PIN, and each one has a maximum limit
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novobanco App or MB WAY AppIt is now simpler, more convenient and faster to create MB NET cards for extra security in online shopping
Useful links
Documentation
Related topics
PUB | NOVO BANCO S.A. | Registered no. 7 at Banco de Portugal