DXspark supports Bison Bank in adopting Banco de Portugal’s latest SPIN update
DXspark is proud to support Bison Bank in the implementation of the new SPIN update introduced by Banco de Portugal. This enhancement allows individual users to associate their NIF (tax identification number) with multiple SEPA transfer destinations, providing greater flexibility and convenience in digital payments.
Until now, SPIN was limited to a single destination account per user. With this update, users can register their NIF as a unique identifier, in addition to their mobile number, broadening the range of options for managing SEPA transfers securely and efficiently.
This milestone forms part of the ongoing evolution of SICOI, reinforcing the commitment to inclusive and user-centric payment systems across the banking sector. Together with Bison Bank, DXspark continues to drive forward digital innovation, shaping future-ready financial solutions.
Let’s shape what’s next, together.
Whether you're exploring a new idea or looking to accelerate an existing one, we’re here to help you move forward with confidence.
About the author
DXspark News Hub