Europe market brief · Updated Jul 31, 2026
iGaming payments in Greece
IRIS Payments leads, and the market runs on instant bank transfers, settling in EUR. 3 providers reviewed on this site reach a local rail, 1 of them by direct acquiring.
3
Providers with a rail here
1
Reach it directly
3
Local rails
EUR
Settles in
Quick info
- Currency
- EUR
- Region
- Europe
- Betting
- regulated
- Casino
- regulated
- Dominant rail
- Instant bank transfer / RTP
- Providers
- 3 (1 direct)
- Regulator
- HGC
- Enforcement
- site blocking + payment blocking
The rule in Greece
Regulator, licensing and what it means for payments
The Hellenic Gaming Commission licenses operators under the 2020 framework, with .gr operations, 7-year licenses and 35% of GGR in tax, charged after 20% corporate tax has already been applied. Greek deposits have moved onto domestic instant payments. IRIS, the account-to-account rail DIAS runs across Alpha, National Bank, Eurobank and Piraeus, is the leading deposit method, and reaching it takes a local DIAS connection rather than a card integration. Greece blocks both sites and payments. The HGC has blacklisted 11,000 unlicensed sites for ISPs to block, and payment institutions may not process transactions to or from accounts tied to those operators.
Payment methods in Greece
The rails players reach for, in the order that matters locally
- IRIS Paymentsdominant
instant bank transfer
IRIS is the instant account-to-account rail DIAS runs across Alpha, National Bank, Eurobank and Piraeus. It is the leading deposit method, so a local DIAS connection matters.
- Viva Wallet / Viva.commajor
e-wallet
Viva is a Greek wallet and acquirer, which gives it an edge in local card acquiring.
- Greek bank cards (debit)major
local cards
Domestic debit cards from the four big banks remain standard at licensed sites, though IRIS has taken the deposit lead.
Which providers reach these rails
3 of the providers rated here reach a local rail in this market
Direct acquiring
1A direct relationship with the local rail rather than a hop through someone else's.
Rails: OKTO.CASHOKTO.CASH (cash voucher), OKTO.WALLETOKTO.WALLET (e-wallet)
What it costs to operate, and who enforces
Operator tax
License economics
Regulator
Enforcement reaches
Markets with the same payment rails
Markets where players pay on the same kind of rail