Around 7 million people in Portugal use MB WAY, and Multibanco has shaped how the country pays since 1985. A new e-money app has to feel just as quick. Get a branded front end, accounts and cards, while your team in Portugal runs the institution.
Global business accounts, multi-currency payments and cross-border solutions, supported by Crassula APIs and BaaS connections.
Read case study: Multipass
Account details, SEPA payments, card issuing, KYC onboarding and multi-currency exchange in one financial product.
Read case study: LuxPayRegistration, onboarding questionnaire, identity check through a connected provider, then an IBAN and a card. Your team writes the Portuguese terms and notices.
SEPA Instant in and out, plus regular SEPA and SWIFT transfers from the same account, with push notifications when money moves.
Cards issued by API through a pre-integrated issuer, with per-card limits and settings. You contract the issuer directly.
A business questionnaire at onboarding, saved counterparties and batch transfers that are approved before they go out.
Fees come from price lists your team keeps in the back office, so a tariff change needs no developer.
Each requirement, what the platform gives you for it and who owns it after launch.
Technology costs per launch stage for the three-year forecast accounts in your business plan.
You, with our inputBalance and transaction reports from the platform, which your finance team uses to reconcile against the safeguarding account.
Your finance team, on platform dataAccount balance reports that give the e-money outstanding your own funds calculation starts from.
Your finance teamApps localized to more than 15 languages. Contracts and notices in Portuguese come from your team.
You, with our inputTwo-factor login and payment confirmation in the web and mobile apps.
CrassulaOnboarding questionnaires, identity checks through connected providers and client limits. Ongoing monitoring runs in your own tool.
Your compliance officer, with a connected providerHosting, security, incident process, subcontractors and exit plan described for your register of information.
You, with our inputRails your customers can use
Rules that change what you have to build, in the order they apply.
DORA applies, so ICT risk management and outsourcing records are part of every EMI's supervision.
MB WAY users can send money instantly to Bizum users in Spain and Bancomat users in Italy, which raises the bar for cross-border P2P.
Portuguese EMIs offering euro credit transfers must give payers a check of the payee's name against the IBAN.
Euro area EMIs must send and receive SEPA Instant payments.
PSD3 is expected to apply once published in the Official Journal. EMIs then move into a single payment institution regime.
The RJSPME asks for a programme of operations that names the technical means you will use and the third parties that run operational functions. We give you a working platform to describe and help write those parts of the file.
Talk to us about your applicationCrassula provides technology and documentation support. We do not provide legal or regulatory advice and cannot guarantee the outcome of an application.
A configured environment to show the regulator, not slides.
IT systems, security, customer authentication, outsourcing and DORA sections of your Banco de Portugal file.
Banking, safeguarding and KYC providers from our network, matched to your licence.
A Lisbon team designs an account for people paid in several currencies, such as remote workers and returning emigrants. Their Banco de Portugal file describes the platform, the card issuer and the safeguarding bank, and our environment shows how each top-up is turned into e-money and protected.
While the Banco de Portugal assesses the file, they finish the Portuguese terms and test SEPA Instant transfers end to end. After authorisation they launch in Portugal and later passport to Spain.
More detail: our Portugal EMI and PI guide and EMI licensing in the EU.
The questions teams ask us before a first call.
Not covered here?Bring your question to a demo with our team.Tell us your licence and country. We will map the rails, providers and documents you need.
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