Portugal Mobile Payments Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Portugal Mobile Payment Market is segmented by Payment Type (Proximity Payment, Remote Payment).

Portugal Mobile Payments Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Portugal Mobile Payments Industry Overview

The Portugal Mobile Payment Market is rather fragmented due to the presence of major vendors alongside other mid-sized payment vendors.

  • February 2022 - In order to modernize Portugal's urban mobility industry and advance the use of smart payment solutions, Mastercard and Barraqueiro Group have teamed up. By streamlining ticket purchases and expanding the use of contactless payments, the multi-initiative alliance will improve the standard and effectiveness of Portugal's metropolitan public transportation networks. The cooperation aims to raise overall passenger satisfaction among locals and visitors.

Portugal Mobile Payments Market Leaders

  1. Alipay

  2. Amazon.com, Inc.

  3. American Express

  4. Google LLC

  5. Paypal Holdings, Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Alipay, Amazon.com, Inc., American Express, Google LLC, Paypal Holdings, Inc.