MultiBanco is a prominent payment method that has revolutionized financial transactions in Portugal. Created in 1985, MultiBanco, often referred to as MB, was established by SIBS (Sociedade Interbancária de Serviços S.A.), a major Portuguese interbank network. Since its inception, MultiBanco has rapidly evolved to become one of the most widely used and trusted payment systems in Portugal, offering a broad range of services to millions of users.