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Press release

Payzy by COSMOTE : A new world of electronic payments on mobile has arrived

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One new payment method, without a wallet, the new mobile application brings "payzy by COSMOTE" of COSMOTE Payments, a subsidiary of the Group OTE, which has been licensed by Bank of Greece as an electronic money institution


The payzy which was officially presented as part of an event at the OTE Group's Administrative Building allows the user to cover daily purchases and bills, while doing transactions with their own people, through their mobile phone easily, quickly and safely.

At OTE Group we are constantly adapting to the new data of the digital age. An important part of our strategy is to enter new markets and, with the power of technology, to provide complete solutions to our customers. Our vision is to transform OTE Group into a digital services provider that will not only provide telecommunications and top connectivity to the customer, but modern technology solutions. In this context we are taking the next big step, and with payzy by COSMOTE we are dynamically entering the market of electronic transactions and mobile payment services., stated the President and CEO of OTE Group, Mr. Michalis Chamaz.
  • OTE Group enters the e-commerce market with a new mobile application that changes the way people do their transactions
  • A holistic solution, completely digital, very simple to use, addressed to everyone, via mobile for all your daily payment & transaction needs
  • Instant account IBAN acquisition, debit card issuance, bill payments, money transfer via chat, expense sharing, cash rewards
  • With COSMOTE prestige and reliability

What it is and what it offers

That's it payzy by COSMOTE is an innovative solution for all daily payments and transactions. Through a mobile app (iOS & Android), the user can obtain a Greek IBAN account, issue a VISA debit card (digital and/or physical1) and make all purchases in physical and online stores. Effortlessly and safely. Also, with payzy he can pay bills instantly.

In addition to these basic features, the payzy by COSMOTE includes and innovative functionalities that have no charge, such as the ability of the user to exchange money with his friends via chat, directly, through it Chat & Pay. He can still share common expenses with his own people through him split it. For example, he can share expenses with his friends or family in dining, at the cinema, on a trip. And all this through the mobile phone, in a single application.

The payzy by COSMOTE is coming to change the way people do business. It offers the most modern, the most digital, the most social and user-friendly experience in online transactions. An innovative fintech solution, designed with the know-how and reliability that governs COSMOTE services., he said President and CEO of COSMOTE Payments, Mr. Christos Fouskoudis.

Reward in Euros – Top up without commission

The payzy by COSMOTE is the only mobile app in the Greek market that rewards the user with money, which he can use whenever he wants and wherever he wants. So the user earns money, the more he uses payzy.

The payzy by COSMOTE it is entirely digital and is aimed at all adult consumers, regardless of their telecommunications provider. The user can pay everything and everyone from his mobile phone, while there is no commission when charging his IVAN account. It is available at Google Play and the App Store.

Registration process with simple steps

The registration process is very easy, takes a few minutes and the interested party will need their smartphone, email and mobile number. During registration he needs to have his ID or passport, while the process may also require a video call with an authorized employee of COSMOTE Payments.

 

As announced, finally, COSMOTE mobile subscribers, with each new registration to payzy by COSMOTE, they win unlimited data for 1 month.

Press Release


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