IRIS Payments: €2.55 Billion in Fee-Free Transactions Since the Start of the Year

A total of nearly 27 million transactions worth €2.55 billion have been made since the beginning of the year through IRIS Payments’ services, including P2B (direct payments to freelancers), IRIS P2P (peer-to-peer direct payments), and IRIS Commerce (payments for online stores). The acceptance of IRIS Payments products, which will be extended to all businesses, both physical and online, starting November 1st, has been overwhelming. Since the start of the year, transactions via IRIS Payments products have reached a total of 26.9 million, with a value of €2.55 billion, showing an increase of +90% and +69% compared to the same period in 2024. March was a record month for transactions across all three IRIS products. Currently, IRIS P2B & IRIS P2P are offered by 13 banks, while IRIS eCommerce is provided by 6. Specifically, from January 1 to April 27, 2025: Through IRIS P2B, users exceeded 563,000 freelancers and sole proprietorships, with transaction numbers increasing by 374% since the start of the year, reaching 500,000 transactions. The transaction value quintupled, surpassing €36 million (+373%), with an average transaction value remaining stable at €73. For IRIS P2P, users surpassed 3.7 million, with 272,000 activating the service within 2025. User numbers increased by 45% since April 2024, with transactions up by 87.5%, exceeding 22.8 million. Transaction value increased by +111%, surpassing €1.25 billion. Finally, for IRIS Commerce, transaction numbers increased by 92.6%, surpassing 3.5 million, with transaction value exceeding €1.26 billion, showing a +39.2% increase from last year. Over 7,700 e-shops now offer IRIS Payments, up from 4,900 in April 2024.