MB WAY: Mobile Payments for Online Casinos in Portugal

Portugal is one of the countries in Europe that has embraced digital payment solutions across various sectors, including the iGaming industry. Among the popular options available to players, MB WAY stands out for its integration with major banks and ease of use. This article explores the significance, functionality and benefits of using MB WAY for online casino transactions in Portugal, as of June 2025.

MB WAY: What It Is and How It Works

MB WAY is a mobile payment system created by SIBS, Portugal’s Interbank Services Company. It connects directly with the user’s bank account and works via a mobile application, offering real-time payment capabilities. With partnerships across the country’s main banks, MB WAY enables users to send money, make purchases and withdraw cash from ATMs without a card.

The service functions through mobile number verification, eliminating the need for entering card or IBAN details. Users link their debit card to the MB WAY app and confirm transactions through a PIN or biometric authentication. It supports various operations, including QR payments, contactless in-store transactions, and e-commerce checkouts.

Online casinos in Portugal integrate MB WAY as one of the localised payment methods, considering its popularity and trust among Portuguese users. This integration ensures that players can deposit funds easily and securely using a familiar system already tied to their personal banking setup.

Legal Status and Regulatory Compatibility

Portugal regulates online gambling through Serviço de Regulação e Inspeção de Jogos (SRIJ). MB WAY, being part of the national banking framework, meets all legal compliance standards for financial transactions. This alignment makes it a suitable and legitimate method for deposits on licensed gambling websites.

Operators authorised by the SRIJ are required to offer secure, traceable and transparent payment channels. MB WAY facilitates this by offering an encrypted and auditable transaction flow. As of June 2025, all online casinos operating legally in Portugal can include MB WAY without regulatory risk.

Moreover, MB WAY does not allow cross-border transactions, which helps limit its use strictly within the Portuguese banking and legal environment. This enhances AML (anti-money laundering) controls and supports responsible gaming practices.

Benefits of Using MB WAY for Online Casino Payments

One of the main advantages of MB WAY is transaction speed. Deposits are processed instantly, allowing players to start gaming without delays. Withdrawals, where supported, are also faster than traditional bank transfers, typically reflecting within minutes to hours depending on the operator.

Another benefit is the enhanced security. Since MB WAY uses two-factor authentication and does not require entering card details on third-party websites, it reduces the risk of fraud or data theft. The mobile app notifies users of every transaction, offering real-time monitoring.

Convenience is also a key factor. MB WAY users don’t need to memorise or input sensitive banking data each time they make a payment. The user experience is streamlined, intuitive and fits well into mobile-centric casino platforms that prioritise speed and accessibility.

Limits and Fees

As of mid-2025, MB WAY does not charge individual users for sending or receiving money. However, some banks may impose minor fees for certain services linked to the app. For casino transactions, most licensed operators cover any backend charges, so players usually do not bear additional costs.

Daily and monthly transaction limits vary depending on the user’s bank. Typically, daily sending limits range from €750 to €2,000. This makes MB WAY ideal for casual and mid-stakes players but might not suit high rollers or users with large withdrawal needs.

Importantly, MB WAY does not support credit operations. All funds must be available in the linked account, reinforcing responsible spending behaviour and reducing financial risk for users.

How to Use MB WAY in a Casino Setting

Getting started with MB WAY is straightforward. Users first download the MB WAY app from official app stores and link it to their debit card through their banking application or ATM. The setup takes only a few minutes and requires phone number confirmation.

To deposit at an online casino, players select MB WAY from the payment options, enter their mobile number and confirm the payment through the app. The amount is immediately debited and transferred to the casino account. The same interface is used when withdrawing, if the casino supports it.

MB WAY transactions are visible within the user’s app and banking account, offering full transparency and record-keeping. This is especially important for players who manage their budgets or need to track their gaming expenses for legal or personal reasons.

Popular Casinos Accepting MB WAY

Several top-tier operators licensed in Portugal accept MB WAY, including Betano, ESC Online, and Casino Portugal. These casinos integrate MB WAY as part of their broader localisation strategy to attract domestic users. The presence of MB WAY often signals the operator’s dedication to user trust and operational transparency.

Newer casinos entering the Portuguese market also prioritise MB WAY as part of their onboarding process. By offering this method, they meet user expectations and comply with regional payment norms, improving their conversion rates during registration and deposit phases.

Players are advised to confirm MB WAY availability directly on the cashier page or payment section of each casino, as not all operators offer it for both deposits and withdrawals. Customer support can also provide updated information regarding this method’s functionality.