Nopan and DIAS Partner to Take Greece’s IRIS Commerce Payments International

Quick Summary

Nopan has partnered with DIAS S.A. to enable IRIS Commerce for international merchants and PSPs. This collaboration allows businesses outside Greece to accept Greece’s leading account-to-account payments method, leveraging a system that saw 70% growth in 2025 and is accepted by all Greek e-shops.

How Does Nopan Expand IRIS Commerce Internationally?

Nopan acts as the performance layer that bridges the gap between Greece's national payment infrastructure and the global market. By integrating with DIAS S.A., Nopan allows international Payment Service Providers (PSPs) to offer IRIS Commerce as a native checkout option. This is critical for businesses targeting the Greek market, as it provides a familiar, secure experience for local consumers.

• Direct Bank Integration: Payments are made via the consumer's existing banking app.
• Rapid Scaling: IRIS has grown sixteen-fold since 2020.
• Full Market Coverage: Access to the majority of Greek web and mobile banking users.

Why is Account-to-Account Payment Growth Accelerating?

The shift toward account-to-account payments is driven by a demand for lower transaction costs and higher security. In Greece, e-commerce transaction volumes for IRIS increased by more than 70% in 2025 alone. Merchants are prioritizing these methods because they bypass traditional card rails, offering instant settlement and reduced fraud risk. Nopan’s platform, founded by former Netflix payments leaders, focuses on optimizing these flows to ensure that IRIS Commerce performs at scale for enterprise-level merchants.

What Results Has IRIS Commerce Delivered in Greece?

IRIS Commerce has become a cornerstone of the Greek digital economy. It is currently accepted by all e-shops in Greece, representing a total saturation of the local e-commerce market. For international merchants, this partnership provides an immediate competitive advantage when entering the region. By utilizing Nopan’s performance platform, businesses can ensure high conversion rates for IRIS Commerce transactions, which have proven to be a preferred method for millions of Greek users.

FF NEWS TAKE:

This partnership moves the needle by proving that account-to-account payments are no longer just local experiments but essential components of a cross-border strategy. By bringing IRIS Commerce to the international stage, Nopan and DIAS are challenging the dominance of global card schemes in the Mediterranean. It’s a bold step toward a fragmented but more efficient European account-to-account payments landscape where local trust wins over global ubiquity.