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Greece
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Top e-commerce industries
20.3%
Electronics
27.7%
Hobby & Leisure
16.3%
Fashion
Furniture & Homeware
Care Products
DIY
Grocery
Athens
Capital
10.5M
Population
GMT+2
Time Zone (GMT)
EUR
Currency
Euro
$54.1B
Transactions
value in 2030
17.6%
CAGR
of Digital Payments
during 2025-2030
during 2025-2030
Popularity of e-commerce payment methods
Extend your reach
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Pay by Bank in Greece leverages open banking APIs to allow customers to make payments directly from their bank accounts at checkout, offering instant settlement.
Method
Pay by Bank (GR)
Pay by Bank (GR)
LPM Market Share
n/a
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Bank Transfer
Local Card Scheme
Users
n/a
Disbursements
No
No
Chargebacks
No
Authorization currency
EUR
Authorization
speed
speed
Instant
Recurring
N/A
N/A
Reasons for Popularity
E-commerce growth and demand for faster, more convenient, and secure payments boost interest in pay-by-bank methods.
