IRIS commission-free from November 1: what changes for businesses and clients

From November 1 all stores and e-shops are required to accept IRIS through POS or QR. P2P remains freeFor P2B – low commission from a professional. АΑΔΕ will begin monitoring compliance. Fines: 10,000€ for simplified reporting and 20,000€ for double accounting.

From November 1 citizens will be able to pay for purchases through IRIS without any commissions in all offline stores and e-shop. All businesses are required to accept payments IRIS either through POSor by QR codewhich the customer scans with the banking application.

IRIS commission-free from November 1: what changes for businesses and clients pic.twitter.com/srXLYKh5Ap

— Athens News (@russianathens) October 20, 2025

Transactions are completed in real time and no commissions for users, and AAΔΕ will monitor compliance with the new rules. IRIS provides instant transfers “from account to account”, increasing transparency And tax discipline. The measure is aimed at faster, safer and more economical payments, as well as improving tax transparency.

Transfer limits

• To 500 € per day for transfers between individuals (IRIS P2P).
• To 500 € per day for payments from individuals to professionals (IRIS P2B).
• Cumulative daily limit: 1,000 €.

Transfers via P2P are provided free for the sender. For payments P2B provided low commission for a professional. All professional payments via IRIS Now obliged pass exclusively through POS; bypassing the system entails strict sanctions.

Business liability and fines

The new regulation covers thousands of professionals, retail stores and food establishments that previously accepted direct transfers without proper confirmation through POS. Any alternative method of receiving such payments is considered illegal and attracts large fines:

• 10,000 € – for companies with simplified accounting system.
• 20,000 € – for companies with double accounting.

Possibility provided reduction of fine by 50% for entrepreneurs working in small settlements or on islands with a population of less than 3,100 inhabitants, excluding tourist areas.

Bottom line: for citizens IRIS becomes more convenient and no commissionfor business – a mandatory standard through POS/QR with an emphasis on transparency And compliance.

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