GRGreek users of the IRIS payment system can now send free, instant peer-to-peer payments to individuals in Italy, Spain, Portugal, and Andorra using just a mobile phone number, eliminating the need for an IBAN. This development was announced at the Payments 360 conference and follows IRIS's integration into the European Payments Alliance (EuroPA). Initially, the service is available via the mobile apps of Eurobank, Piraeus Bank, and Viva.com, with other Greek banks expected to join by year-end. Further expansions are planned later this year, potentially extending the service to 18 European countries and covering up to 176 million people.
Bias read (Center): The article reports on a technical advancement in financial services with no overt ideological framing, emphasis, or partisan context. It focuses on the functionality and expansion of a payment system without taking a stance on related policy or political issues.
Why these scores (Factual 95 · Objective 90): Factuality is high as the article accurately reports the expansion of IRIS to four European countries with free P2P payments. It cites the conference and collaboration with EuroPA, aligning with cross-source consensus. Objectivity is strong, though slightly lower due to some promotional tone in ment
