IRIS gives Greece a domestic account-based payment option alongside cards and SEPA banking. Euro settlement connects domestic commerce with European accounts, while merchant acceptance also serves international visitors. GDP per capita reached approximately US$26,900 in 2025.
Cash in Greece
Greece still used cash for 54% of point-of-sale transactions in 2024, although its share declined from 2022. Cards and IRIS account payments offer alternatives to physical currency, while notes remain relevant to everyday purchases.
Payment Methods
Estimated Monthly Usage, Aurato Research, October 2026
Schemes
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Systems
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