By Andrea Hargraves 
To celebrate reaching six million users, MB Way is promoting a special campaign until the end of October. SIBS, the company responsible for the service, offers 6% cashback on purchases made with MB Way partners.
Additionally, the service features a promotion that allows you to purchase two MB Way Pulse devices for the price of one.
Pulse allows you to make contactless payments at terminals of the Multibanco network and includes several devices: Pulse strap, which is a bracelet, pulse monitoring ring, watch strap, Pulse keychain, key ring, pulse tag, thread tag .
The platform currently sees an average of more than 70 million monthly transactions, including physical and online transactions, supported by more than 10 million cards added to the system.
There are 420 thousand Mbway payment terminals in Portugal. The application allows you to pay taxes, subscribe to online services, use public transportation, withdraw money from the Multibanco network, verify the account and the IBAN number from which the transfer will be made, as well as the name of the first owner of the destination account, reducing the risk of fraud and deception.
In a company statement, Maddalena Cascais Tomé, CEO of SIBS Group, thanked the Portuguese for their investment in the service. “The trust of the Portuguese is something for which we are very grateful and for which we work every day, to do more and better and to continue to innovate to simplify everyone’s lives,” he says.