MB WAY
Portuguese mobile payment service, with SIBS named in the footer, for sending money to friends and paying in stores and online
Quick Overview
| Company | SIBS (named in the footer; legal entity not stated) |
|---|---|
| Category | P2P Payment Apps |
| Headquarters | City not stated on the pages we read, Portugal |
| Founded | Not stated |
| EU Presence | Yes - Portugal (EU, inferred from the Portuguese-language site) |
| Data Location | Not stated on the pages we read |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Send money to friends, pay in stores by QR code or NFC, pay online with a phone number, authorised payments with a monthly limit, MB WAY verified feature |
| Pricing | Not stated on the vendor page |
| Best For | Sending money and paying in stores in Portugal |
| Replaces | Venmo |
Detailed Review
The MB WAY page sends users to SIBS under 'Saiba mais sobre nós', and the footer reads 'TODOS OS DIREITOS RESERVADOS © SIBS 2025'. The page does not state the legal entity, seat or register details, so Portugal is inferred and we list this entity as partly verified.
MB WAY offers sending money to friends as well as payment. Facts were checked on 3 November 2026.
Paying and Sending
The page states that MB WAY works in stores via QR code or NFC and online with a phone number. MB WAY also lists sending money to friends.
Authorised Payments
The page states that Authorised Payments let users set a card and a monthly limit for recurring charges. That helps manage subscriptions.
Verified Sending
MB WAY lists a verified feature for safer sending of money. The page gives no further detail on how it works.
Limitations to Consider
The MB WAY page names SIBS only in the footer, and gives no legal entity, seat or register details. Payment limits were raised, but the page gives no figures. The page states no user fees, hosting or general limitations. The page is in Portuguese.
Who Should Use MB WAY
People in Portugal who want one mobile service for sending money to friends and paying in stores and online.
Pros and Cons
Pros
- Pays in stores by QR code or NFC
- Pays online with a phone number
- Authorised payments with a user-set monthly cap
- Verified feature for safer sending
Cons
- Legal entity not stated on the page we read
- No figures for payment limits
- Fees not stated
- Page is in Portuguese
Alternatives to MB WAY
Other European p2p payment apps worth comparing before you decide:
Wero
Belgium · Bank-to-bank transfers in seconds, by phone number
Bizum
Spain · Spanish bank-backed instant payments from a mobile phone
Vipps MobilePay
Norway · Nordic app to send, request and split money
Satispay
Luxembourg · Free payments between friends, in stores and online
See all European p2p payment apps or compare them directly against Venmo on our alternatives page.
Frequently Asked Questions
A Portuguese mobile payment service that pays in stores by QR code or NFC, online with a phone number, and sends money to friends.
A feature that lets users set a card and a monthly limit for recurring charges.
The footer names SIBS. The legal entity, seat and register details are not stated on the page we read.