- The OTE Group is entering the electronic transactions market with a new mobile app that changes how people carry out transactions
- An easy to use, holistic, digital solution, via mobile phone, addressed for everyone, covering all every day payment & transaction needs
- Immediate issuance of an IBAN account and a debit card allowing bill payments, send or request money via chat, split expenses, get rewarded in real money
- With the prestige and credibility of COSMOTE
A new era in electronic transactions in Greece, a new way to make payments, without the need to carry your wallet, is arriving via the new ‘payzy by COSMOTE’ mobile app. The new app is a holistic solution that is digital, designed for all those who want flexibility and simplicity in their daily lives.
payzy by COSMOTE, which was officially unveiled during an event at the OTE Group’s Headquarters in Athens, is a product of COSMOTE Payments, a subsidiary of OTE Group, which has been licensed by the Bank of Greece as an e-money institution. Payzy allows users to cover everyday purchases and bill payment needs, while also carrying out transactions with their friends and family, via their mobile phone, quickly, easily, and safely.
“At the OTE Group we are constantly adapting to the new realities of the digital age. An important part of our strategy is to enter into new markets and, with the power of technology, provide integrated solutions to our customers. Our vision is to transform OTE Group into a digital services provider that offers both telecommunications and top connectivity to our customers, along with modern technology solutions. This is the context in which we are taking our next big step; and with payzy by COSMOTE we are dynamically entering the e-transaction and mobile payment services market,” stated the Chairman and CEO of OTE Group, Michael Tsamaz.
What is payzy by COSMOTE and what does it offer
payzy by COSMOTE is an innovative solution for all daily payments and transactions. Via a mobile app (iOS & Android), users can obtain a Greek IBAN account and a VISA debit card (digital and/or physical), and they can pay for all their purchases at physical and electronic stores. Effortlessly and safely. They can also use payzy to pay bills instantly.
In addition to these basic features, payzy by COSMOTE includes innovative features that are free of charge, such as the users’ ability to exchange money with friends via chat, directly, through Chat & Pay. They can also share expenses with their close ones via Split it. For example, they can share expenses with friends or family at lunch, at the movies, or on a trip. And they can do all this via their mobile phone in payzy app.
“payzy by COSMOTE is changing the way people carry out their everyday transactions. It offers the most modern, digital, social, and user-friendly online transaction experience. An innovative fintech solution designed with the know-how and reliability that underpins all COSMOTE services,” said the Chairman and CEO of COSMOTE Payments, Christos Fouskoudis.
Reward in Euros – Cash in without commission
payzy by COSMOTE is the only mobile app on the Greek market that rewards users with real money, which they can use whenever and wherever they want. This enables users to earn money while using payzy.
payzy by COSMOTE is entirely digital and designed for all adult consumers, regardless of their telecommunications provider. Users can pay for anything and everything via their mobile phone, and there is no commission for cashing in their IBAN account. It is available on Google Play and the App Store.
Simple registration process
The registration process is very easy; it only takes a few minutes, and prospect customers will need their smartphone, their e-mail address, and their mobile number. During registration, they must also have at hand their identity card or passport, and the process may also require a video call with an authorised COSMOTE Payments employee.
Unlimited data for 1 month with each new registration
COSMOTE mobile subscribers gain unlimited data for 1 month when they register on payzy by COSMOTE.