Piraeus Bank, utilizing its experience and leading position in the field of eBusiness services provision, specializing in e-business payments, announces the provision of electronic payment processing services for the pioneering mobile ticketing application of Athens Transport (OASA Group) for iPhone and Android smartphones.

The mobile application of OASA enables the instant issuance and purchase of any type of ticket for all public transport means in Athens, making Athens the second European city with a respective capacity and one of the few worldwide. For the convenience of users, the application allows the safe storage of a debit, prepaid or credit card, issued by any bank, with the process of buying the ticket being completed in just a few seconds and without requiring the owner of the mobile to buy and cancel a paper ticket. This Athens Transport service can serve all users of public transportation in the wider area of Athens, exceed currently 1,000.000 a day.

Piraeus Bank infrastructure and electronic payment services manage daily a large volume of card transactions for the largest companies active in the electronic ticketing industry, such as airlines, travel agencies, railways, shipping companies, tolls, and the support of such a pioneering application in urban transport emphasizes the technical excellence of Piraeus Bank's services.

Athens, 17 December 2014

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