More than 1 million transactions
- Portugal
What is it?
MBnet is a payment solution that allows making online transactions with a credit card without having to disclose the credit card information to the merchant. To make the payment, the MBnet service generates a virtual and temporary card number associated with real credit card information (without leaving the merchant page). To access this service, users need only have a credit card type American Express, MasterCard, Maestro, etc... issued by an institution participating in the system.
How does it work?
- First, users must register their credit card number to the service MBnet via their own bank website or the Multibanco ATMs
- They must install a plug-in on their browser to use MBnet
- Users choose to pay by MBnet
- They enter their login and password
- They introduce the desired value in Euros
- MBNet generates a temporary card number and expiration date (associated with the real credit card of the user)
- Users enter their temporary information in the fields provided for that purpose to pay for online purchases
Buyers Advantages
- Ability to set yourself limits of payment
- Secured payment and confidential
- No banking information is transmitted to the merchant
Merchants Advantages
- Secured payment
- Reach people that don't feel comfortable buying online contents using their credit cards or bank information