Cosmote unveils e-payments application

Cosmote Payments, a subsidiary of OTE Group, on Tuesday unveiled a pioneering digital application covering all daily payments and transactions, "Payzy by Cosmote".

The new product has obtained operating license by the Bank of Greece as an e-money institution. Through the application available on mobile phones (IOS & Android), the user can obtain a Greek IBAN account, get a VISA debit card issued, and make all purchases in e-shops or physical shops, fast and safe.

The Payzy application also has innovative operations - free of charge - such the ability of users to exchange money with friends through Chat & Pay and to share common expenses through Split It. It also offers awards to users.