Eupago

Eupago: Overview For Merchants

Eupago is a Portuguese payment institution that provides a multi-method payment gateway for online and invoiced payments. Merchants can accept domestic methods popular in Portugal such as Multibanco and MB WAY, as well as cards and selected cross-border options. Eupago offers REST and SOAP APIs, off-the-shelf plugins for major ecommerce platforms, and operational features like real-time callbacks and Pay by Link.

Who Is Eupago

Eupago is a licensed payment institution headquartered in Portugal. The company publicly states that it is supervised and registered by the Bank of Portugal and operates proprietary infrastructure. Its site presents the gateway as suitable for online stores and for businesses that issue references or links for remote payment. Eupago serves merchants selling to Portuguese customers and supports expansion to nearby markets through selected local methods.

Payment Methods Supported

Eupago aggregates a broad set of payment options. Availability can depend on the integration path and target market. The methods documented on Eupago’s official pages include:

• Multibanco: Issue entity and reference numbers for customers to pay via ATM or online banking. References can include a deadline and can be generated through the API or the merchant back office.

• MB WAY: Mobile wallet widely used in Portugal. Eupago supports automatic generation of MB WAY references, real-time confirmation via callback, and failover reminders when a payment is pending.

• Visa and Mastercard Cards: Acceptance of credit and debit card payments from international customers, with API support for refunds.

• Direct Debits: For recurring collections such as subscriptions, fees, utilities, or rent. Eupago provides configuration options for amount, start and end dates, number of charges, and retries.

• Payshop: Over-the-counter cash payments at a nationwide agent network in Portugal.

• Paysafecard and Paysafecash: Prepaid voucher and cash-barcode methods for customers who prefer not to use a bank account or card. Paysafecash enables cash payment at participating locations in many countries.

• Google Pay and Apple Pay: Wallet payments enabled through card rails for fast checkout on supported devices and browsers.

• Cofidis Pay: Buy Now Pay Later option for Portugal, allowing customers to pay in installments. Commercial conditions are provided on request.

• Bizum: Spanish account-to-account scheme for customers with Spanish bank accounts. Eupago notes this is currently available via the API.

• EuroPix: A real-time payment connection positioned for transactions between Portugal and Brazil.

These methods can be offered individually or combined in a single checkout. Pay by Link lets merchants share a secure URL or QR code where customers can choose a preferred option.

Pricing Snapshot

Eupago publishes method-level fees and states there is no monthly fee listed on its pricing page. VAT applies at the legal rate. As of the latest pricing table on the official site:

• Credit Cards: €0.20 + 1.5% per transaction

• Multibanco: €0.20 + 1.5%

• MB WAY: €0.07 + 0.7%

• Paysafecard: 12.0%

• Direct Debits: €0.45 per charge

• Payshop: €0.60

• Cofidis Pay: pricing on request

• Bizum: 0.5% plus bank commission

• EuroPix: €0.15 + 1.8% (promotional pricing for sign-ups through the end of 2025 as shown on the page)

• Google Pay: €0.20 + 1.5%

• Apple Pay: €0.20 + 1.5%

Eupago also explains in its FAQs that commissions are deducted automatically from the transaction value, and monthly invoices and movement reports are provided in the customer area. For MB WAY and cards, refunds can be initiated via API; other methods can be refunded by IBAN transfer. Because pricing can change, merchants should validate the latest schedule on Eupago’s official pricing page.

Settlement, Payouts, And Operations

Eupago’s FAQs describe a straightforward settlement cadence: transfers are made daily, and funds are paid to the merchant by the first business day after Eupago receives the customer’s payment, except in force majeure cases where the second business day is used. Eupago notes that you only pay for references that are actually paid, and that real-time notifications are available by email or SMS. Operationally, the gateway supports:

• Real-time callbacks to automatically mark invoices and orders as paid in the merchant back office.

• Failover reminders that prompt customers if an MB WAY payment is pending or a Multibanco reference has expired.

• Pay by Link to generate a hosted payment page and QR code, where customers choose ATM, MB WAY, card, or Cofidis Pay.

• Split payments for marketplace use cases, allowing a single customer payment to be distributed among multiple sellers while retaining the platform’s commission.

Integrations And Developer Options

Eupago provides two API styles and a sandbox:

• REST API with endpoints to create and manage payments, retrieve reference information, and receive callbacks.

• SOAP API for organizations that prefer XML-based integrations.

• Sandbox environment to test payment flows and callbacks before going live.

For non-custom builds, Eupago offers plugins and guides for leading ecommerce platforms:

• Shopify with Multibanco, MB WAY, credit card, and Cofidis Pay.

• WooCommerce with Multibanco, MB WAY, Payshop, credit card, and Cofidis Pay.

• Magento (Adobe Commerce) with cards, Multibanco, and MB WAY.

• PrestaShop with Multibanco, MB WAY, Payshop, cards, and Cofidis Pay.

• Jumpseller with Multibanco and MB WAY.

Integration guides emphasize entering your API key, enabling callbacks, and configuring payment deadlines where applicable. For Bizum, Eupago currently documents API access rather than plugin availability.

Regulation, Security, And Compliance

Eupago states that it is supervised and registered by the Bank of Portugal, and its English pages reference compliance with the European PSD2 standard with two-factor authentication for customer approvals. The company also highlights early support for Open Banking APIs for use cases such as direct debits.

Where Eupago Fits Best

Eupago will be especially relevant if you:

• Sell to Portuguese customers and want high-adoption local methods like Multibanco and MB WAY.

• Need cash and voucher alternatives through Payshop, Paysafecash, or Paysafecard to reach customers who prefer offline or prepaid options.

• Run subscriptions or recurring billing and want direct debits with programmatic control of dates, retries, and amounts.

• Operate a marketplace and require split payment capability to automate settlement to multiple sellers.

• Plan cross-border expansion near Portugal and want to add Bizum for Spanish shoppers or use EuroPix for Portugal-Brazil flows.

• Prefer quick deployment using existing plugins on Shopify, WooCommerce, Magento, PrestaShop, or Jumpseller, with callbacks that update order status automatically.