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Direct Payments Are Facilitated Further
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4 Articles
Bizum makes it particularly easy in Spain to send money similar to Paypal, even via mobile phone number. However, errors can also happen.
Greece doubles IRIS transfer limits to boost digital payments
In a move aimed at further modernizing Greece’s digital payment infrastructure, the government announced that the daily limits for person-to-person (P2P) and person-to-business (P2B) money transfers via the IRIS system will double to €1,000 starting at the end of 2025.
Direct payments are facilitated further
The limit for person-to-person money transfers via the IRIS (P2P) system will be increased to 1,000 euros per day from the current €500, while the person-to-business limit (P2B) will also be raised to €1,000 per day, the government announced on Wednesday.
The doubling of transaction limits with IRIS was announced today (11/6) by the Minister of National Economy and Finance Kyriakos Pierrakakis from the podium of the 9th DIAS 360 Payments conference. Specifically, as the Minister announced, by agreement between the banks and DIAS, the two distinct limits for credit transfers between individuals (P2P) and for payments to freelancers and sole proprietorships (P2B) are being doubled by the end of the…
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