Piraeus Bank, the largest card issuer in Greece and among the top 50 European debit card issuers (as per the Nilson report), has selected Antelop Solutions as its long-term digital payments partner, enabling the Bank to provide its customers with a large range of advanced digital card and mobile payments solutions.
“We are pioneers in digital banking in Greece, as we were the first to establish winbank, our internet and mobile banking solution in the market”
says Nikos Petrakis, Director of Cards Business at Piraeus Bank.
In the current COVID-19 situation, Piraeus Bank is experiencing a strong increase in e-commerce and contactless payments: “We have seen an immediate active usage from our customers of NFC mobile payments that we offered through winbank pay, our new service is powered by Antelop. Thus, we decided to launch winbank pay directly through our mobile banking application for digitizing both Visa and Mastercard cards, using schemes’ tokenization”.
A SUCCESSFUL TECHNOLOGY
“For the winbank pay project we cooperated with Antelop from the early beginning. Antelop teams are tokenization and digital cards experts, trustworthy and very effective in all aspects, resulting in a very successful partnership. The support team responded fast and efficiently in meeting our needs with direct access to key experts, as we had to change requirements during the project. This was because winbank pay is integrated directly into Piraeus’ banking app, increasing the required expertise in working harmoniously with the core digital banking services of the bank. In addition, the use of NFC technology at the mobile banking app offers a secure way to pay with, provides more card control to the end-users and builds mobile-first customer experience.”
— NIKOS PETRAKIS, DIRECTOR OF CARDS BUSINESS AT PIRAEUS BANK
The Bank also emphasizes the importance of cooperating with a long-term reliable partner. Nikos Petrakis added: “It is essential to find a partner with such a level of cooperation like we have with Antelop and for this reason we are exploring new areas of partnership around digital cards.”
“We are honored by Piraeus Bank’s trust and glad to help the Bank build the future of Digital Cards. Our DNA is all about innovation and partnership, and this is a great example”
— TIMOTHÉE GRÜNER, CCO OF ANTELOP
Through winbank pay, Piraeus Bank customers can instantly digitize their Visa or Mastercard cards and perform seamless NFC mobile payments, all from their daily banking app.
About Piraeus Bank
Piraeus Bank was founded in 1916. Today it represents the leading Bank in Greece with 29% market share in terms of customer deposits and 30% in terms of loans. The Bank offers a full range of financial products and services to more than 5,5mn customers in Greece.
The Bank is committed to assume a leading role in the Greek economy, actively supporting economic activity and extroversion through specialized solutions and high-level services to its customers. Piraeus Bank leads a group of companies covering all financial activities in the Greek market. These services are offered through a nation-wide network of branches and ATMs of the Bank in Greece, as well as through its innovative digital banking platform, winbank.About Entrust
Entrust keeps the world moving safely by enabling trusted identities, payments, and digital infrastructure. Today more than ever, people demand seamless, secure experiences, whether they’re crossing borders, making a purchase, accessing e-government services or logging into corporate networks. Entrust offers an unmatched breadth of digital security and credential issuance solutions at the very heart of all these interactions. With more than 2,500 colleagues, a network of global partners, and customers in over 150 countries, it’s no wonder the world’s most entrusted organizations trust us. www.entrust.com
