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Jul 2026
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Pierrakakis: IRIS is the success story of the Greek digital economy

More than 4.6 million users – “We need greater visibility of IRIS at the point of payment, better public awareness, stronger incentives for merchants, and reward mechanisms from banks and acquirers,” said K. Pierrakakis

Payments via IRIS now mandatory everywhere as of today – What changes

The new framework also introduces heavy penalties of up to €20,000 for those who fail to comply

IRIS becomes mandatory – Changes the way of payments and receipts

How it applies from 1 December what businesses must have ready what changes for consumers and how receipts will be checked

Major shift in payments: IRIS becomes mandatory for all businesses from November 1 – Heavy fines for non-compliance

IRIS enables instant account-to-account payments in real time, offering both transparency and tax compliance