|“e-PPS” & “e-PPS SEPA”: Mass Payment Services by Piraeus Bank|
Piraeus Bank offers you the “e-PPS” mass payment service, where you can manage your domestic and international payments in any currency.
In order to create an “e-PPS” mass payments file, you will need to implement a new module within your enterprise system based on the following functional specifications which are provided by Piraeus Bank:
For your safety, Piraeus Bank requires the encryption of your mass payments files. The supported encryption method is based on the PGP (Pretty Good Privacy) standard.
Through the “e-PPS SEPA” mass payment service of Piraeus Bank, you can create and manage your mass payments in EURO to third parties located in Piraeus Bank or in any other financial institution within the Single European Payment Area (SEPA).
For the production of the “e-PPS SEPA” mass payments file, the bank provides you a free application, thus eliminating all implementation costs from your side.