Multibanco Network success is acknowledged through the well known Portuguese trust in its system, the constant international press compliments and the comparative indicators in several payments systems in Europe, which place Portugal above the European average.

It’s a fact that Multibanco’s success, is essentially due to its business model, a perfect match between cooperation and competition amongst banking institutions operating in Portugal with a common goal.

This cooptitive model, led to the creation of Multibanco, a totally integrated network (ATM and POS) shared by every bank operating in Portugal, assigning it, an absolute universality, since it guarantees to any cardholder the access to a wide variety of services in any place.

Multibanco’s business model, which during the last 25 years, has promoted efficiency and innovation in the Portuguese payments system, results from this clever combination, between cooperation (an unique technological infrastructure shared in the same company) and competition (in-house competition regarding the supply of new services) in Portuguese banks.