How you benefit Discounts, privileges and gifts Piraeus University Visa offers: Participation in competitions, draws and loyalty programs Free insurance coverage Piraeus University Visa offers you free insurance coverage: Free Shopping Protection for purchases made in Greece using your card, for a period of up to 6 months after the transaction. Free travel insurance for trips paid using your card. Insurance credit card remaining balance, in case of death or permanent total disability caused by accident Chip & PIN Piraeus University Visa incorporates Chip & PIN technology for safer transactions. Contactless technology Your Piraeus University Visa incorporates contactless technology for faster transactions without leaving the card off your hand at all points of sale displaying the relevant logo. How does contactless technology work: The merchant enters the payment amount, which then appears on the POS screen displaying the relevant logo. You simply hold your card near the device If the amount is less than €25, you do not have to enter your PIN In a few seconds you will hear a sound and the approval indication will appear on the device screen You transaction has been completed Υou can still use your card as you used to. Simply insert the card in the POS and enter your PIN.