IRIS Recognized as Success Story of Greek Digital Economy

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3 sourcesFirst reported 22 days agoUpdated 21 days ago

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Kyriakos Pierrakakis emphasized the importance of IRIS at Payments 360 Conference.
Over 4.6 million citizens use IRIS for instant money transfers.
He called for better visibility and incentives for merchants and improved citizen information.
IRIS exemplifies the successful integration of technology in daily life.

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Kyriakos Pierrakakis, Greece's Minister for Digital Governance, highlighted the IRIS system as a key success story for the country's digital economy during the Payments 360 conference. He emphasized that direct digital payments have the potential to transform not only transactional relationships but also the operational dynamics of the economy going forward.

Pierrakakis reported that the IRIS platform has achieved over 4.6 million users, which indicates a significant uptake of digital payment solutions in Greece. However, he underscored the need for improved visibility of IRIS at payment points, better communication to citizens about its benefits, and stronger incentives for merchants. Additionally, he called for enhanced reward mechanisms from banks and acquirers to further integrate the platform into everyday financial transactions.

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IRIS Recognized as Success Story of Greek Digital Economy

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