IRIS payments users can instantly and easily send and receive money from their friends, using their mobile phone number, without the need of IBAN use. The only prerequisite is that both transacting parties have registered to the service via their mobile banking app. The service's function is based on TIPS infrastructure.
The money-transfer procedure is completed within a few seconds and the beneficiary of the payment is instantly notified of the transaction's completion. The user may choose which bank and bank account the fund will be sent from. A daily €500 transaction limit is set. The service is offered by Alpha Bank, National Bank of Greece, Eurobank, Piraeus Bank, Cooperative Bank of Epirus, Viva.com, Optima bank, Attica Bank, Pancreta Bank, Cooperative Bank of Thessally, Cooperative Bank of Karditsa and Cooperative Bank of Chania.
Registered users: 3.240.709
The account is credited within a few seconds
Fund transfer is completed following easy steps on a smartphone
Compliant with the European SEPA Instant Credit Transfer scheme
The account is credited within a few seconds
Fund transfer is completed following easy steps on a smartphone
Compliant with the European SEPA Instant Credit Transfer scheme