Annual Payments Ifthenpay (M€)
Number of Merchants
Distribution by Sector (Volume in M €)
Payments by Terminal Type (%)
The Multibanco, MBWAY or PAYSHOP references are automatically integrated in your online store, emails, SMS, traditional paper documents like invoices or orders
Immediately after payment, in real-time, ifthenpay notifies you (by email, push notifications, callback, webservice, or just check our APP or backoffice)
Ifthenpay daily transfers the payments amount less the comission
|Channels / Forms of Payment|
Ifthenpay references can be paid on any of the following channels:
Multibanco ATMs terminals:
There are thousands of ATMs spread all over the country;
Comfortably at home on the banks websites or APPs;
Through the MBSPOT network;
In the PAYSHOP network and Post Offices for cash payments;
Currently there are over 19 million MB cards, 98% of which are co-branded with international reference systems such as Visa, MasterCard or American Express;
With MBWAY APP, MB Phone or TeleMultibanco, which turns your mobile phone into an ATM terminal; or through the banks APPs that operate in Portugal;
Physical or virtual mPOS:
Most mPOS accepts our Multibanco references;
|How to create Multibanco|
Ifthenpay allows any software or website to easily generate Multibanco references. They works with "check-digits" (control digits) and are calculated according to an algorithm;
The Multibanco references are immediately and automatically valid and the Multibanco terminal validates the "check digits" to avoid typos and mistakes;
In the Multibanco references you can include the customer number or order number to easily identify the customer or the order paid;
The generation of Multibanco references is made inside your website... there is no communication with ifthenpay or any other entity or webservice to generate or communicate the references issued (which guarantees 100% of operation!).
Ifthenpay offers a free APP that allows you to generate Multibanco references on demand and send them by email, SMS;
0.07€ + 0.7%
FOR EACH EFFECTIVE PAYMENT
|No activation fee, monthly fee or membership;|
|No initial investment in Hardware or Software;|
|Only the references actually paid are collected;|
|Free Real-time notifications;|
|Free daily transfers;|
|No minimum transactions, deadlines or exclusivity contracts;|
|Free plug-ins for most e-commerce platforms and billing software;|
|Free technical assistance;|
|Free APP for payments tracking.|
See here the detailed price list in accordance with Notice no. 8/2009 and Instruction no. 21/2009 of the Bank of Portugal.
We are market leaders and the first to make this service available in Portugal.
Our Multibanco entities are: 10559, 11202, 11473, 11604, 11686, 11687, 11802, 11873, 11925, 11988, 11989, 11990, 12133, 12177, 12178, 12179, 12262, 12263, 21721 and 21874.
Our entity PAYSHOP is: 10216.
Modules for online stores and examples
(including modules for most e-commerce, billing and programming languages)
Download the mobile APP
June 28, 2019
PAYSHOP (CTT Group) and IFTHENPAY sign partnership for payments
PAYSHOP signed a partnership agreement with IFTHENPAY. From now on, the entities adhering to IFTHENPAY, have the Payshop references, as well as the Multibanco and MB Way references.
October 25, 2018
IFTHENPAY at the Money Conference 2018
IFTHENPAY is pleased to announce that its CEO was a speaker at the Money Conference, organized by Dinheiro Vivo / TSF, Global Media Group, held on October 25 in Lisbon.
May 17, 2018
IFTHENPAY is pleased to announce the MBWAY integration into our payments gateway.
April 5, 2018
€ 1,000 millions of payments
IFTHENPAY reached €1,000,000,000 in volume of accumulated payments on 5 April 2018.
Rua São José n.º 771
Santa Maria de Lamas
4535-404 Santa Maria da Feira
40° 58' 26.9882'' N | 8° 34' 21.0058'' W
T. +351 227 660 871 F. +351 227 459 006
email@example.com | firstname.lastname@example.org | email@example.com
In case of suspected fraud contact: firstname.lastname@example.org (Filipe Moura)
Payment Institution Authorized and Supervised by Portugal Central Bank (registration number 8707) | VAT Number PT 510 450 024 | Share capital: 300.000,00 €