"SIBS, the owner of Multibanco and MB Way, has filed an administrative action against Banco de Portugal. At issue is the different understanding that the regulator and the supervised company have of a European regulation that aims to ensure, on the one hand, that the operations carried out by SIBS are covered by EU legislation — given that there were transactions from Multibanco network services, such as payments for services or transfers, which were not covered — and, on the other hand, the separation between payment and processing systems."

“Trevo (Transportes Rodoviários de Évora), the public transport service operator for the city of Évora, announced that it has adopted Ubirider’s digital platform, Pick, which provides contactless payments on their public transport network, with the collaboration of Mastercard. Trevo users can now make contactless payments on board buses with contactless cards, smartphones or smartwatches, quickly and without the need for a physical ticket. This system, called Contactless EMV®, is used in many cities worldwide, but Évora is the first city in Portugal to implement the contactless payment system. Ubirider’s Mobility-as-a-Service (MaaS) platform, Pick, allows Trevo to integrate and combine means of transport and mobility: buses, trains, rideshare, scooters, parking, etc. Users have access to the Pick Hub app, which allows them to plan their trips with more options, pay and use their digital tickets with simplicity.”