In 2019, transaction values processed through Portugal's MultiBanco system were about 50 percent higher for shopping (either online or offline) than for cash withdrawals. The MultiBanco ATM network can be found at Portuguese banks but also in stores or webshops. The machines allow consumers to withdraw money but also do various other things, like paying utility bills, order cinema tickets, pay taxes, or recharge mobile phone credit.
Value of cash withdrawals and shopping transactions done through the MultiBanco ATM system in Portugal from 2016 to 2019
(in billion euros)
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SIBS. (April 1, 2020). Value of cash withdrawals and shopping transactions done through the MultiBanco ATM system in Portugal from 2016 to 2019 (in billion euros) [Graph]. In Statista. Retrieved August 08, 2022, from https://www.statista.com/statistics/1115877/value-of-multibanco-transactions-in-portugal/
SIBS. "Value of cash withdrawals and shopping transactions done through the MultiBanco ATM system in Portugal from 2016 to 2019 (in billion euros)." Chart. April 1, 2020. Statista. Accessed August 08, 2022. https://www.statista.com/statistics/1115877/value-of-multibanco-transactions-in-portugal/
SIBS. (2020). Value of cash withdrawals and shopping transactions done through the MultiBanco ATM system in Portugal from 2016 to 2019 (in billion euros). Statista. Statista Inc.. Accessed: August 08, 2022. https://www.statista.com/statistics/1115877/value-of-multibanco-transactions-in-portugal/
SIBS. "Value of Cash Withdrawals and Shopping Transactions Done through The Multibanco Atm System in Portugal from 2016 to 2019 (in Billion Euros)." Statista, Statista Inc., 1 Apr 2020, https://www.statista.com/statistics/1115877/value-of-multibanco-transactions-in-portugal/
SIBS, Value of cash withdrawals and shopping transactions done through the MultiBanco ATM system in Portugal from 2016 to 2019 (in billion euros) Statista, https://www.statista.com/statistics/1115877/value-of-multibanco-transactions-in-portugal/ (last visited August 08, 2022)
